horsechoker
The Caf's Roy Keane.
Ligue 1 clubs stare into financial abyss after huge TV deal collapses
Mediapro agreed to pay Ligue 1 clubs €3.25bn over four seasons. They did not even keep up their payments for four months
Could this be the French version of ITV digital? PSG will most likely be alright but what about the rest?
Mediapro agreed to pay Ligue 1 clubs €3.25bn over four seasons. They did not even keep up their payments for four months
Continues at: https://www.theguardian.com/footbal...re-financial-abyss-tv-deal-collapses-mediaproExhausted, dehydrated and stranded, surrounded by sand dunes and a cloudless sky, sweat is wiped from the brow. The sight of palm trees and a sparkling lake in the distance flickers and then vanishes. This is the situation in which Ligue 1 has found itself this year. After being starved of success, French clubs hoped they would be revitalised by an unprecedented TV rights deal worth more than €1.15bn per year (€814m a year from Mediapro and €330m from BeIN Sports). It was the second largest TV deal in Europe, but the mirage finally disappeared this week, pushing French football to the brink of financial ruin.
Could this be the French version of ITV digital? PSG will most likely be alright but what about the rest?