LFP TV rights: loan of €112m validated by the general assembly of the French League (AFP)

The general assembly of the LFP "unanimously" validated a loan of €112m to compensate for the non-payment of Mediapro (due October 2020 of approximately €140m), reported Agence France Presse on 19/10/2020. This solution was proposed during the League's board of directors on 15/10/2020.

Another loan could also be contracted by the French League if the third deadline (out of six per season) is not honored on 05/12/2020 by the Chinese-Spanish group, which holds the rights to 85% of Ligue 1 Uber Eats matches (including 80% exclusively) and 80% of Ligue 2 BKT matches, over the 2020-2024 cycle, for an estimated amount of €830m per season.

Canal+ (two Ligue 1 Uber Eats games per matchday for around €330m per season), Free (digital near-live rights to Ligue 1 Uber Eats for around €50m per season) and beIN Sports (international rights for around €80m per season and two Ligue 2 BKT games per matchday for around €30m per season), for their part, have settled their payment deadlines for October 2020, for a total amount of €71m, according to AFP.

The LFP has given Mediapro formal notice to pay…