The Professional Football League (LFP) has put Mediapro on formal notice to settle its television rights deadlines.
Otherwise, it does not rule out turning to other broadcasters.
The Sino-Spanish group, main broadcaster of Ligue 1, holders of the rights to L1 and L2 for the period 2020-2024 against 814 million euros annually, did not honor the 2nd payment of 172 million euros on October 5.
Mediapro boss Jaume Roures has engaged in a standoff with the League, demanding a delay in payment - which he has been denied - and a renegotiation of lower rights, which Mediapro exploits through its new Téléfoot channel.
According to a letter from the LFP sent to club presidents, Mediapro has entered into a mediation procedure with the Nanterre commercial court, which allows companies to negotiate with their creditors.
“The LFP has done well, as the procedure requires, a proposal to the ad hoc representative, specifies Arnaud Rouger, new general manager of the FFF.
This was followed by a response from Mediapro which was totally unacceptable given the financial uncertainties for the clubs.
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"Formed to settle the deadlines of October 1 and 5"
In its letter, the LFP also said not to rule out turning to other operators and informed the clubs in a recent letter to them.
"We therefore applied the contract that binds us with Mediapro and put them on notice to settle the installments of October 1 and 5, while activating the guarantee given by the parent company of the Mediapro group, the Chinese fund Orient Hontai Capital" , writes Arnaud Rouger.
"The current mediation blocks the use of the deposit" of the parent company, nevertheless specifies a source close to the case.
“The LFP is going through what a lot of
very small businesses (Editor's note: very small companies)
and SMEs in France live, with a supplier who does not pay.
"
The board of directors of the LFP met Thursday morning to validate a loan aimed at compensating for the amounts that Mediapro refuses to pay to the clubs, of which about a third of the income, on average, depends on TV rights.