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622 million euros to save the L1, otherwise …

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622 million euros to save the L1, otherwise …

622 million euros: this is the price hoped for by the LFP to save the Ligue 1 soldier. 622 million euros is 46% less compared to the amount that had been negotiated in 2018. It is the disaster, the clubs are on the verge of bankruptcy and it is likely to last. But what is happening, concretely?

The president of Dijon, Olivier Delcourt, warns: “If nothing is done, we will not be able to leave next summer.” Asked by the Eurosport channel, the manager claims to have “eaten up all reserves and accumulated equity for 7 years.” Bankruptcy is near, and a solution must be found quickly. This is not a special case. Apart from Dijon, a third of professional clubs in Ligue 1 and Ligue 2 would be in a worrying situation, according to the DNCG, victims, for 10 months now, of the health and economic crisis, of the premature end of last season and the Mediapro fiasco. Last Tuesday, during the meeting between the representatives of the clubs and the UNFP (the players’ union), the question of bankruptcy was also raised.

From rebound to rebound

Several sources say that the argument for a final end to the championship was raised, in particular by one of the leaders present at the meeting, that if the situation remained as it was, without TV rights and without agreement on the decrease in player salaries, “We will not be able to continue and we will be forced to stop the season. […] If two or three teams go out of business, the championship will have to be ended prematurely. “ The same evening, while a principle of a drop in wages negotiated at club level and in agreement with the players had been decided, new rebound: Maxime Saada, president of the Canal + group, announced to renounce the rights of lot 3 and called to a new global call for tenders. The goal was clearly financial, he refused to pay 2 matches at a value set in 2018, 330 million euros, and wanted to recover the rights to the other 8 matches, at a value readjusted in 2021, post-Covid19 and post-crisis economic.

On Thursday, the LFP, following Saada’s statements, then assembled its board of directors, and decided, after two hours of discussions on Zoom, the principle of a new
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