Ligue 1: Four bids made for French league’s TV rights before deadline
2 years, 10 months ago

Ligue 1: Four bids made for French league’s TV rights before deadline

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Four private equity companies have reportedly submitted bids for a minority stake in the selling of Ligue 1’s media rights. The French football governing body opened a process last year that will see the organisation form a minority company to market the television and online broadcast rights to the top French league - the winning bidder will then take a minority stake in that newly-former company. CVC concluded a deal last year with La Liga to invest close to to 2 billion euros in the top two Spanish divisions’ broadcasting and sponsorship rights, an agreement objected to by Barcelona, Real Madrid and Athletic Bilbao. The London-based capital investment firm, whose headquarters is in Luxembourg, are also heavy players in Northern Hemisphere rugby, taking a stake in the Six Nations, Gallagher Premiership and United Rugby Championship.

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History of this topic

Ligue 1 club Lyon handed provisional demotion over finances
1 month, 3 weeks ago

Ligue 1 club Lyon handed provisional demotion over finances

The Hindu  

French club Olympique Lyonnais cannot make any signings in the January transfer window and will be relegated from Ligue 1 at the end of the season if it is unable to address financial mismanagement. France’s National Directorate of Management Control, the financial police of the French league, on Friday, issued the punishment to John Textor-owned Lyon, which is fifth in …

Ligue 1: League-leaders Lille sold to Luxembourg-based investment fund amidst financial crisis
4 years ago

Ligue 1: League-leaders Lille sold to Luxembourg-based investment fund amidst financial crisis

Firstpost  

Lopez and director of football Luis Campos, a renowned talent scout with a huge network in Europe and South America, both left with immediate effect. Paris: League leaders Lille have been sold to a Luxembourg-based investment fund as the fallout from a collapsed television deal continues to impact French clubs financially. “We intend to give Olivier Letang and his team …

Not even Lille’s financial mess will slow private investment in Premier League
4 years ago

Not even Lille’s financial mess will slow private investment in Premier League

New York Times  

When Portsmouth went into administration in 2010, Premier League boss Richard Scudamore memorably described it as “rank bad management”. There will be many thinking something similar about French side Lille, where majority shareholder Gerard Lopez has been forced to sell up by the club’s main creditors, the American private equity firm Elliott Management Corporation and the multinational bank JP Morgan …

French Football Federation loses 24 million euros due to COVID-19, says director general
4 years, 1 month ago

French Football Federation loses 24 million euros due to COVID-19, says director general

Firstpost  

Hardouin also warned of a need to juggle “the other uncertainty” surrounding the deepening conflict between the Football Professional League and Spanish broadcasters Mediapro over the payment of television rights. Paris: The French Football Federation has suffered a loss of about 24 million euros since the summer as a result of the coronavirus pandemic, its director-general Florence Hardouin told AFP …

Ligue 1: French clubs seek solace amid poor Champions League form and Mediapro dispute
4 years, 2 months ago

Ligue 1: French clubs seek solace amid poor Champions League form and Mediapro dispute

Firstpost  

On the pitch, Ligue 1 remains the poor relation among Europe’s “Big Five” leagues, and the outlook is not being helped by the economic crisis and a worrying dispute with the game’s chief domestic TV rights holder. Paris: Just two months after Paris Saint-Germain’s run to the final of the Champions League in Lisbon, and Lyon’s appearance in the semi-finals, …

Stricken French clubs call for fans to be allowed back to games next season
4 years, 7 months ago

Stricken French clubs call for fans to be allowed back to games next season

The Hindu  

Struggling French football clubs have called for fans to be allowed into matches in time for the start of next season and urged the country's government to provide financial help after the early end to this campaign due to the coronavirus pandemic. Meanwhile, the head of the company that has become the main domestic broadcaster of Ligue 1 in a …

No games, no cash: Second French broadcaster tells league
4 years, 9 months ago

No games, no cash: Second French broadcaster tells league

The Hindu  

A second French broadcaster, BeIN has suspended the payment of TV rights for French league because it has no games to air due to the coronavirus pandemic. BeIN made clear it was not going to pay the next instalment of its contract in a letter to the French league seen by AFP on Wednesday. “Our group has taken the decision …

Indian Football News: Indian investors welcome to invest in French Ligue 1 clubs, says LFP CEO Didier Quillot
5 years, 9 months ago

Indian Football News: Indian investors welcome to invest in French Ligue 1 clubs, says LFP CEO Didier Quillot

The Hindu  

In an interaction with the Indian media present here on Thursday, Didier Quillot, CEO of the French football’s governing body, said Indian investors can consider investing in Ligue 1, while France, itself being “the best country in the world in producing youth talent”, could provide “expertise” to develop footballers in India. India is our top priority along with China and …

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