Who to save French football?
In search of fresh money for its clubs, Ligue 1 hopes to attract international investors.
It has decided to create a commercial subsidiary, intended to manage and market its TV, marketing, naming rights, etc. The LFP is authorized to sell up to 20% of the capital of this company.
On Wednesday, four investment funds submitted offers to the Professional Football League (LFP): the English CVC, which acquired 8% of the Spanish Liga for some 2 billion euros, the American Oaktree, shareholder majority of the Caen club in L2, Silver Lake, holder of 10% of Manchester City against a check for 500 million dollars, and finally Hellman & Friedman, ex-investor in Formula 1.
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Ligue 1: candidate funds for the commercial company submit their offers
The offers would value a minority stake of 10% to 15% of the new subsidiary at around 1.5 billion euros.
This brings out a value of the commercial company between 10 and 15 billion euros.
The successful investor…
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