Canal + might develop into the savior of French soccer by shopping for the TV rights from Mediapro. The group with the encrypted channel is prepared to attract a suggestion exceeding 700 million euros.
Time is operating out for the League. Mediapro, the primary broadcaster of the French championship till 2024, has nonetheless not settled its October deadline set at 172 million euros and the whole lot means that the Sino-Spanish group will do the identical in December. A refusal to pay which places French skilled golf equipment in a essentially worrying financial scenario.
And if the League contracted a mortgage of 120 million euros final month from an English subsidiary of an American financial institution to take care of essentially the most pressing and assist residents of Ligue 1 and Ligue 2, the present scenario can not proceed. . In keeping with L’Equipe, French soccer leaders comply with discover a resolution earlier than December 7.
A proposal just like the earlier contract
And the answer might properly come from Canal + which might take into account submitting a suggestion to purchase all of the rights to the French championship. With a proposal of as much as some 740 million euros yearly, kind of the worth of the earlier contract. We’re definitely removed from the 1.1 billion that the entry on the scene of Medapro was to avoid wasting soccer with greater than 800 million euros paid by the Sino-Spanish group and 330 by Canal + for the 2 matches it stored. , however this settlement would permit Ligue 1 golf equipment to protect the necessities.
However for Canal + to recuperate the rights, the League should clearly first come to an settlement with Mediapro in order that it abandons the broadcasting rights for the championship and pays the quantities due.
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