Ligue 1 clubs reach agreement on CVC funds allocation
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L’Équipe report that all 20 Ligue 1 golf equipment have attained an arrangement on the allocation of the to start with instalment CVC Capital Partners’ investment in French soccer.
The expense fund is established to total a €1.5bn deal for a 13{cf07cd047201b183b19c0b335dbd7d35a498f84568531c8abe8643bd3ccfd494} stake in a professional entity controlling French qualified football’s sponsorship and broadcasting legal rights. The fee will be paid in 3 instalments around the future 3 years.
€100m will be held aside as financial reserves, whilst yet another €100m will go in the direction of the management of the enterprise. €170m will also be utilised to pay out off the LFP’s loans straight absent.
This leaves €1.13bn to share out, for which 3 teams of golf equipment have been established out. The initially, consisting of only PSG, will be allocated 17{cf07cd047201b183b19c0b335dbd7d35a498f84568531c8abe8643bd3ccfd494} or €200m. Although this seems favourable for Les Parisiens, it is very well below their first 30{cf07cd047201b183b19c0b335dbd7d35a498f84568531c8abe8643bd3ccfd494} demands.
The second tier contains Lyon, Marseille, Pleasant, Rennes, Lille and Monaco. The very first two will obtain €90m, when the many others will get €80m. The remaining team, consisting of the rest of the golf equipment, will get €33m each individual.
