Coronavirus: PSG deprived of income from its main sponsor?

What if Accor does not pay its dues to PSG? This is the hypothesis raised this Friday, on BFM Business , by the CEO of the hotel group, main sponsor of the Parisian club, Sébastien Bazin, himself former majority shareholder of Paris-SG via Colony Capital. “Our payments are made in two installments. On January 1, it was paid. For July 1, the championship must be resumed. Otherwise it will probably not be paid, "says Bazin, adding that" this championship must resume ". ALL (Accor Live Limitless), lifestyle loyalty program of the Accor group, which has become a major partner and official jersey sponsor of the Parisian club at the end of last season, must pay between 50 and 80 million euros per year to the champions of France, as reported by RMC . Or a potential shortfall of 25 to 40 M €. Our colleagues specify however that a possible non-payment by unilateral decision is not provided for in the contract and should, if necessary, be the subject of discussion between the two parties.

Important to add that ALL remains convinced that the championship will come to an end. And that there is no "threat". It's just common sense. ALL pays for an exhibition. If there are no matches, there is no exhibition. Shareholders could not accept a payment https://t.co/DMmrM6q3E3

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