Home football Football Ligue 1 – L1: Mediapro and Téléfoot, an incredible Kiss Cool effect

Football Ligue 1 – L1: Mediapro and Téléfoot, an incredible Kiss Cool effect

by archysport

The sudden and rapid end of the contract between Mediapro and Ligue 1 has a violent effect for French clubs. And some foreign investors are on the prowl.

The days of Téléfoot are now numbered, and for the employees of the ephemeral Mediapro channel, difficult weeks are brewing. But so is business life, and the total fiasco of the deal signed in 2018 between Jaume Roures and the leaders of the Professional Football League will not make “victims” only within Téléfoot. In Ligue 1 clubs, the absence of revenue from TV rights is a real cataclysm, and the loans made to compensate for this fiasco do not close the holes far from it. If we add the absence of receipts in the stadiums, due to the health crisis, and this even if it is a tiny part of the problem, it is clear that the attitude of Mediapro has an incredibly high price for our championship. And faced with the disastrous situation of some clubs, foreign investors are rushing to come and grab what they can.

Responding to the business daily Les Echos, Mark Wyatt, head of KPMG Corporate France and Practice Sport admits that investment funds have been interested in Ligue 1 and Ligue 2 clubs since the setbacks of Téléfoot. ” In recent weeks, we have been receiving a lot of incoming calls from American investors looking for targets in France and Europe. Despite the Covid and an unprecedented economic situation, these clubs will not disappear like any industrial company », Explains this specialist. And Nicolas Blanc, founder of Sport Value, which has an intermediary role in the financing of French clubs, confirms that the smell of blood attracts. ” Funds ask us how to invest since the Mediapro scandal, the crisis creates opportunities, but beware of fantasies », Explains the company manager.

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