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Ligue 1: the League enters into “exclusive negotiations” with the CVC fund for its commercial company

2022-03-18T13:32:29.331Z


The Professional Football League (LFP) has taken a big step towards the creation of its commercial company by entering Friday “into negotiations...


The Professional Football League (LFP) took a big step towards the creation of its commercial company by entering Friday “in exclusive negotiations” with the CVC fund, paving the way for the acquisition by this investor of 13% of the capital, quantified to 1.5 billion euros, she announced.

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This operation, voted unanimously by the LFP's Board of Directors, will allow it to value the commercial company "at 11.5 billion euros", indicates the League in a press release.

The creation of a commercial company supposed to manage in particular the TV rights of Ligue 1 was made possible by the adoption at the end of February of the sports law by Parliament.

Source: lefigaro

All sports articles on 2022-03-18

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