The twenty Ligue 1 clubs have been able to agree on the division of the € 1.5 billion envelope that the HVAC Fund should bring, compared to 13% of the capital of the new commercial subsidiary of the League professional football.
by and
A breath of oxygen and perspective to look at the future with a little more serenity. Financially abused by the Pandemic of Covid 19 and the bankruptcy of Mediapro, ephemeral diffuser of the French football championship, the twenty clubs of League 1 all voted, Thursday, March 24, the second phase of their agreement with CVC Capital Partners.
It was necessary to agree on the distribution of 1.5 billion euros that the investment fund was ready to inject into a new commercial company created by the Professional Football League (FPA), and which he would hold 13% of the capital.
The main voltage point was on the amount that would be devolved to the PSG. According to our information, the case was not easy to negotiate and the discussions were completed late Wednesday with the first French club, which believes to generate between 32% and 34% of French football revenues.
Finally, the Paris club agreed to settle for 200 million euros, or 100 million euros less than expected at the start. “Legitimately, they could claim more, but it was also necessary to have the vote of the average and small clubs,” says a negotiating witness.
This effort will allow Marseille Olympique and Olympique Lyonnais to receive 90 million euros each, while Lille, Nice, Monaco and Rennes will get 80 million euros. The thirteen other clubs will affect 33 million euros each.
“CVC wanted that there is unanimity on this project, and not that clubs tear away. Clubs were told that it was the condition for investing,” says one of the negotiators. HVC does not obviously want to relive his Italian experience, where clubs have still failed to agree on the distribution of sums.
“Clubs, big and medium, talked about one voice “
“This is an important step and a step forward for French football, welcomes Loïc Féry, President and owner of the FC Lorient and Vice-President of the Bureau of the Board of Directors of the FPA. Standing from this Who could occur in other countries, French, great and medium professional clubs, spoke with one voice, united with the ambition of Ligue 1 to become top 3 at the European level. This is an important step For French football. “
In parallel, clubs also agreed on the future distribution of recurring revenues: television rights and digital revenue. The international rights of League 1 represent only 70 million euros per year, far from those of the British Premier League (5.3 billion pounds over the period 2022-2025, or 2.12 billion euros per An).
You have 42.83% of this article to read. The rest is reserved for subscribers.