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Ligue 1: according to Labrune, PSG made financial efforts in the LFP deal with CVC

2022-04-02T10:25:12.167Z


Of the 1.5 billion euros contributed by the Luxembourg investment fund, the French champion will have the largest share with 200


A few days ago, a newcomer came to make his contribution to French professional football.

Having entered the capital of the LFP to the tune of 1.5 billion euros, the Luxembourg investment fund CVC Capital Partners will benefit Ligue 1 and Ligue 2 clubs, as well as the FFF, in the coming months. In the coming months.

However, the distribution will not be uniform, as Vincent Labrune, the president of the LFP, tells in an interview with L'Équipe.

Creation of the commercial subsidiary of the @LFPfr



Signature of the firm investment commitment agreement of CVC Capital Partners, new partner of the LFP in the capital of the commercial subsidiary



Press release 📝➡️ https://t.co/qFwLSJ4s3q pic .twitter.com/wJGW3k4Gqg

— Professional Football League (@LFPfr) April 1, 2022

Thus, in Ligue 1, the biggest part of the "cake" will be for PSG (200 M€), followed by Lyon and Marseille (90 M€ each), Lille, Monaco, Nice, and Rennes (80 M€), and finally the 13 other clubs (excluding those relegated, €33m).

The sum is enormous for the Parisian club with almost unlimited capital, which has just presented a budget for the second half of 2022 with a sharp increase … and which could have demanded much more money.

“The least risky club of all for obvious reasons was PSG, says Vincent Labrune.

He had to be convinced of the advisability of carrying out this project.

Paris was entitled to claim, according to all the studies, between 300 and 350 million euros because it participates in 34% of the income of the L1.

But he chose to lower his share to 200 million euros, or 17% of the total, so that the entire ecosystem can benefit from the project.

In fact, Paris is losing the most.

What was proposed was the least unfair solution.

»

To the question “will the amounts provided by CVC be used to increase salaries?

“, the former president of OM also responds in the negative: “Not at all.

The situation of the clubs is not rosy.

Part of this money will be used to avoid bankruptcies and repair the balance sheets a little.

But it's not a plan to save Ligue 1, it's an investment and development plan.

There will be an indication of resources, with eligibility criteria.

»

Source: leparis

All sports articles on 2022-04-02

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