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French football intends to create a business model similar to the Premier LeagueWith a club -awed entity replacing the ligue de football Professionnel (LFP) as part of Plans announced by Football Federation president philippe deal on monday.
Under the proposal, french clubs and private equity firm CVC capital partners would become shareholders in a newly created company Responsible for Managing and Marketing Professional Competitions, With The Ff Also Holding a stake.
“This would be a french version of the Premier League-a club -awed company with pay executives run the league,” diallo toold a news conference.
The plan stems from the work of three task forces launched in early march as french football faces mounting challenges.
“This is an innovative and disruptive project compared to the current organization of professional football,” Diallo Said.
“It aims to lay the foundation for a rebound of our professional clubs with a more effective and transport framework, with a renewed role for the federation.”
Diallo emphasized the need to simplify the current structure, which includes the FFF, the LFP, and its Commercial Arm, LFP Media.
“With the creation of LFP Media, the LFP has become almost an empty shell,” he said. “This proposal would see the LFP Disappear as its Functions is absorbed by the new company.”
The new structure would be responsible for organizing and promoting the domestic leagues, when the fff would retain a key oversight role, including veto power over compete change.
“This project will require legislative changes,” diallo added.
A bill addressing the governance of professional sports in france is set to be reviewed by the sensation on june 10.
CVC Invested € 1.5 Billion ($ 1.67 BN) in LFP Media in 2022 in Exchange for a share of Media Revenues, and is exposed to Play a Significant Role in the New Governance Model.
The proposal, if enacted, would make a Major Shift in how french football is managed and is a response to years of financial installation and commentary imbalance.
