The LFP asks the government on Tuesday to organize a meeting to “build an emergency support plan” to help the clubs. The League believes that the measures already taken are no longer sufficient, because of the TV rights crisis and the continuing coronavirus epidemic.
“The survival of the professional football sector is at stake.” In a statement released on Tuesday evening, the Professional Football League (LFP) sounded the alarm and urged the government to help it. Given the financial difficulties of the Ligue 1 and Ligue 2 clubs, the body is asking for “an emergency meeting” from the Ministry of the Economy and that of Sports to “build an emergency support plan”.
The LFP justifies this request by extending health restrictions on football stadiums, closed to the public until further notice, but also by the TV rights crisis. Following the agreement reached with Canal + for the broadcasting of the end of the 2020-2021 season, all the lights are red.
The quantified observation of the LFP is clear: “In terms of overall revenue, the landing is at € 759.1 million instead of the € 1,307.1 million budgeted by the clubs”. In addition, the National Direction of Management Control (DNCG), the financial policeman of French football, had forecast less significant losses. They are now over one billion euros, not to mention the consequences of the transfer window, according to the League.
“The clubs have already made great efforts”
“The measures already taken by the government for the current season (…) last November unfortunately prove to be insufficient or unsuitable to continue the activity of the sector. All the more so as these announcements did not take into account the continuation closed doors in 2021 “, also writes the LFP, stressing that state aid, excluding guaranteed loan, amounts to around 100 million euros.
Although this call addressed to the executive comes only a few days after the agreement concluded with Canal +, the LFP nevertheless assures that there is “no question here of asking the State to compensate for the drop” in these TV rights. : “On these subjects, the clubs have already made great efforts to adapt to this major drop in income, both through the salary negotiations undertaken with their players and through the reforms that the LFP is preparing to ensure its future . It is however essential that the State participate in helping professional clubs and their shareholders to overcome the emergencies that the Covid-19 crisis has generated “.