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Troubled Ligue 1 hopes for rescue from financial woes
PARIS, Jan 29, 2021 (BSS/AFP) – Left in dire straits by the disastrous
combination of the Covid-19 crisis and the collapse of a record TV rights
deal, clubs in France’s Ligue 1 are hoping a new broadcast partner can be
found next week in order to pull them back from the financial brink.
The French league (LFP) will on Monday put out to tender the domestic
broadcast rights to Ligue 1 and Ligue 2 that had been sold to Mediapro — a
Spanish company controlled by a Chinese investment fund — for 780 million
euros ($946m) a season for the four years to 2024.
When the deal was signed, French clubs rejoiced. It accounted for 80
percent of all domestic rights. Together with the remaining 20 percent, they
were looking at a combined 1.15 billion euros annually, comparable with
Germany, Spain and Italy if not the Premier League.
Then came the pandemic, which led to a premature end to last season —
Europe’s other major leagues, in contrast, eventually restarted — and has
seen supporters almost completely locked out this season, wiping out gate
receipts.
Then, in October, Mediapro failed to meet a deadline to pay a 172 million-
euro chunk of the contract. In December the LFP terminated the agreement, and
now they are hoping to be rescued by a new offer.
It seems Canal Plus and Qatar’s beIN Sports are the only possible
contenders to save the day, but Canal Plus already pays 330 million euros a
year for 20 percent of the rights, an agreement it wants to rip up and also
have put out to tender again.
This week sources close to the LFP said clubs in Ligue 1 were set to suffer
combined losses of over 1.3 billion euros this season.
Much of the projected losses look set to be absorbed by Paris Saint-
Germain, with sports daily L’Equipe last week reporting the reigning
champions were braced for a 204 million-euro black hole.
Not all clubs in France can lean on mega-rich owners from Qatar though —
the rest of Ligue 1 relies heavily on an ability to sell players to the
Premier League or elsewhere. And yet the transfer market is depressed because
of the pandemic.
Marseille this week sold midfielder Morgan Sanson to Aston Villa for a
reported œ15.5 million ($21.2m) but such deals are rare.
To top it all there are the growing noises of a breakaway European Super
League which could turn the heads of PSG.
The outlook is extremely uncertain for the French game.
Player to watch: Dimitri Payet
The former West Ham United star is a symbol of the troubles afflicting
Marseille. His team have slipped to sixth on a run of one win in eight league
games.
The 38-times capped playmaker has been relegated to the role of substitute
recently and details of a feud with French international team-mate Florian
Thauvin have dominated headlines.
Sometimes dismissed as out of form and overweight, Payet reportedly lashed
out at Thauvin for being selfish.
“They won’t be going on holiday together,” admitted Marseille coach Andre
Villas-Boas.
Payet will be 34 in March but Marseille still need Payet on form if they
are to turn their season around, starting against Rennes on Saturday.
Key stats
100 – Neymar made his 100th appearance for Paris Saint-Germain last
weekend. He marked the occasion by scoring his 81st PSG goal in the 4-0
defeat of Montpellier. Mauricio Pochettino’s team visit Lorient on Sunday.
12 – Nantes have gone 12 games without winning, the longest run in their
top-flight history. Raymond Domenech has failed to win any of his four games
since becoming coach.
1890 – Lille defender Sven Botman has played in all 1,890 minutes of his
team’s matches in Ligue 1. The 21-year-old Dutchman has been a revelation
since arriving from Ajax and has already been linked with a big-money
transfer to the Premier League.
Fixtures (kick-offs GMT)
Friday
Lyon v Bordeaux (2000)
Saturday
Montpellier v Lens (1600), Marseille v Rennes (2000)
Sunday
Nice v Saint-Etienne (1200), Angers v Nimes, Brest v Metz, Lorient v Paris
Saint-Germain, Strasbourg v Reims (all 1400), Lille v Dijon (1600), Nantes v
Monaco (2000)
BSS/AFP/GMR/0945 hrs