Football: French clubs agree on distribution of money that investment fund gives them

Ligue 1 clubs will share € 1.130 billion. The PSG will affect only 200 million euros. Six clubs will receive at least 80 million euros each, and the thirteen other clubs, 33 million each.

Le Monde with AFP

The twenty French football clubs evolving in Ligue 1 reached a “unanimous” agreement for the distribution of the sum of 1.5 billion euros that the CVC investment fund must bring, against an entrance to height 13.04% in the capital of the new commercial company that will create the Professional Football League (FPA), announced the latter on Thursday, March 24th.

On this sum, 1,130 billion will go directly into the club crates. PSG, will reach the biggest part: 200 million euros. A second group of six clubs (Marseille, Lyon, Nice, Lille, Rennes and Monaco) will reach at least 80 million euros each (90 million for Marseille and Lyon). The thirteen other clubs will perceive each of 33 million each.

For the rest, 100 million euros will be placed in a reserve fund, 100 million will finance operating costs, and 170 million will be used to repay the secured loan by the State (EMP) paid to help clubs during The pandemic.

The commercial subsidiary must include television rights. Its creation was allowed by the vote in the Parliament of the Sport Act on February 24, offering a legislative framework adapted to its project. The FPA, which judges “this essential agreement”, considers it to contribute “to improve in depth all the structures of French football”.

/Media reports.