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The PS has an interesting nest egg for the presidential election

2021-01-14T19:05:18.417Z


DECRYPTION - The social plan and the sale of the prestigious Solférino headquarters have boosted the coffers.


No money, no campaign, no campaign, no victory.

No matter what ideas, the equation, as pragmatic as it is complex, comes back to the table before each election.

"Money is the sinews of war,"

confirms, from experience, a former socialist minister.

For a presidential election, campaign costs run into millions of euros.

Hence the importance for a candidate to be supported by a team capable of releasing funds easily.

Read also:

Break between the leadership of the PS and François Hollande, accused of "shooting against his camp"

"The support of the PS is essential financially, even if we hope that it will also become again politically"

, affirms Jean-François Debat, former treasurer of the party between 2012 and 2018. The social plan and the sale of prestigious headquarters of Solferino, two years ago for 45.55 million, bailed out the coffers.

“The move to Ivry-sur-Seine has put the party afloat.

We were even able to save millions of euros

,

says the former treasurer.

And for good reason, the local Ivry cost only… 4.5 million euros.

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Source: lefigaro

All news articles on 2021-01-14

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