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TV rights and Covid-19: Ligue 1 projects 1.3 billion euros in losses

2021-01-27T14:25:37.147Z


Elite clubs have been weakened by the health crisis and the TV rights crisis. French football is losing a lot of money. The Professional Football League estimates the losses for Ligue 1 this season at more than 1.3 billion euros due to the health crisis and that of TV rights, we learned from a source close to the authorities, confirming information from L'Equipe. According to the same source, the figure of 1.314 billion euros of potential cumulative losses as of June 30, 2


French football is losing a lot of money.

The Professional Football League estimates the losses for Ligue 1 this season at more than 1.3 billion euros due to the health crisis and that of TV rights, we learned from a source close to the authorities, confirming information from L'Equipe.

According to the same source, the figure of 1.314 billion euros of potential cumulative losses as of June 30, 2021 has been transmitted to the clubs by the League (LFP) and the DNCG, the financial policeman of French football, in recent days.

Indeed, the twenty elite clubs, whose costs certain for this season are approaching 3 billion euros, may only receive a little more than 1.6 billion euros, between operating revenues and capital gains on transfers made.

A significant shortfall with the transfer window

These bad figures come as the League is currently seeking to reallocate 80% of its TV rights, abandoned by the broadcaster Mediapro, and that some clubs have started negotiations to lower player salaries.

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The shortfall in stadium receipts (ticketing, etc.) has also been estimated at around 400 million euros, and that due to the weakening of the transfer window to 300 to 400 million euros, according to the same source, confirming the information everyday sports.

These prospects will depend a lot on the transfers made during the winter and summer mercatos, as well as the result of the market consultation launched by the League to reallocate 80% of its TV rights, initially held by Mediapro for more than 800 million euros per year. .

Source: leparis

All sports articles on 2021-01-27

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