Javier Tebas resigns from his position as La Liga president

La Liga president Javier Tebas has formally announced his resignation on Wednesday, paving the way for new elections as he seeks a fourth consecutive term. Tebas, who has held the position since 2013, is unsurprisingly stepping down as his four-year term concludes on December 23. The election process will take approximately one month, strategically scheduled to avoid conflicting with the Royal Spanish Football Federation's presidential elections in early 2024. Tebas, aged 61, expressed his candidacy for reelection, seeking the endorsement and trust of the clubs to address forthcoming challenges. With reported backing from presidents of clubs in the Spanish first and second divisions, Tebas is poised to face minimal competition, having previously run unopposed in 2013 and 2019. Renowned for bolstering the finances of La Liga teams and advocating for economic parity with the Premier League, Tebas has also focused on expanding LaLiga's global presence, securing long-term broadcasting agreements with ESPN for U.S. viewership. Additionally, he has been a vocal critic of financial practices, particularly targeting the spending power of clubs like Manchester City and Paris Saint-Germain.