Mediapro (Téléfoot): "The project is born dead, Covid is an easy excuse" (A. Simon, In&Out Stories)

"The fact that Jaume Roures' request (for a delay or discount) comes at the second payment (due on 05/10/2020) shows, in my opinion, that this is a drag on its shareholders following the first (Téléfoot) subscription figures. (...) For me, the project is born dead. And the Covid-19 health crisis is an easy excuse for this moment of truth which would have come sooner or later anyway," stated Arnaud Simon, managing director of In&Out Stories, a media consulting company for sports organizations, to News Tank Football on 12/10/2020.

"For the moment, the LFP seems to want to hold a firm position on the payment deadlines. They must obviously discuss with Mediapro, try to really understand their plan and conduct a precise audit. Is rescheduling possible? Is it more serious than this? Is there a solvency problem on the part of the shareholders? Or is it a simple (a wish for) a variable adjustment? Unfortunately, I have the impression that the situation is serious," said the former managing director of Eurosport France.

"I see five possible scenarios:
• Rescheduling of payments.
• A…