The Elysée refuses to get entangled within the problem of Ligue 1 TV rights and the money owed of Mediapro, the writer of the Téléfoot channel. The French soccer league, which goes by means of a deep disaster, however hoped for intervention from the French state.
Mediapro and its Téléfoot channel are plunging French soccer into an unprecedented disaster. The multinational tv group refuses to pay all of Ligue 1’s TV rights and requests a re-negotiation of the quantities. In all, the Sino-Spanish group had certainly agreed to pay 814 million euros annually, between 2020 and 2024, however refused to pay the second tranche of rights this 12 months – 172 million euros.
The golf equipment, whose monetary stability relies upon largely on these rights, and which had been to obtain their stability for the rights on Saturday, are in deep disarray. The Skilled Soccer League (LFP) goes as far as to threaten Mediapro with breaking its contract if “A good end result” was not discovered. The League didn’t want this new file. The exercise of golf equipment is certainly severely affected by the impression of measures to fight the coronavirus.
The Elysée judges the angle of Mediapro “deplorable”
And nothing signifies an imminent enchancment: among the many measures introduced by Emmanuel Macron on Thursday, October 14, the conferences scheduled after 9 p.m. will all need to be performed behind closed doorways. It’s subsequently on this very tense context that the golf equipment anticipated an intervention from the Elysee. However lastly the Palace signifies that it’ll stay out of the file.
“We aren’t going to intervene with Mediapro to assist them pay their money owed or assure the dangers they’ve taken within the context of a name for tenders. We aren’t going to intervene on TV rights ”, signifies a authorities supply quoted by Le Monde. Whereas judging the angle of Mediapro “deplorable” : “Refusing to pay unilaterally while you wish to focus on issues will not be acceptable.”
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Out of the blue, the golf equipment depend on the LFP to attempt to preserve the golf equipment alive. The LFP has thus taken out a mortgage of 120 million euros from a overseas financial institution, and may present the remaining 50 million euros from its personal funds. One factor is for certain, this can’t go on indefinitely.