Andorra signs its accession to LaLiga impulse
The Andorra continues to take steps forward to professionalize and adapt the club to professional football. This Monday at noon, the tricolor entity reported that “after a thorough study of the conditions of the agreement”, has joined LaLiga Impulsowhich consists of the alliance with CVC. From Andorra it is considered that this will allow them to have access to an economic injection that contributes to accelerate their professionalization and development.
Ferran Vilaseca, president of Andorra, warned that “it will surely help us in our ambition to create the necessary ecosystem to stabilize the club sportingly and structurallyespecially with the creation of new infrastructure. Andorra is looking forward to its entry into professional football and LaLiga Impulso will be an essential help in developing the club and adapting it to the next level”. As stated in the CVC investment agreement, In LaLiga Impulso, an economic item is allocated to promoted clubs that gives them access to 34 percent of the funds. The calendar established to receive the money is as follows: August 2022, 34%; June 2023 16%; June 2024 25% and in June 2025 the remaining 25%.
Andorra, from now on, will be able to dispose of the funds and You must invest it allocating a maximum of 15 percent to player registration (for now it only appears on the Raúl Lizoain League website), another 15 percent to debt reduction and 70 percent to the improvement of infrastructures and development of the club in the field of international development, brand and product, innovation and technology and digitization and social networks.