Ligue 1: "Everything that's been done enabled us to avoid total bankruptcy" (J-M. Mickeler, DNCG)

"Everything that has been done (shareholder contributions of almost €1bn over two seasons, aid from the public authorities, work by the LFP to secure the PGE/State guaranteed loan, and action by the DNCG) has enabled us to avoid total bankruptcy. Without these four elements, there would no longer be any professional football in France. There would have been massive bankruptcies," said Jean-Marc Mickeler, president of the body responsible for monitoring and overseeing the accounts of professional clubs in France, to the French sports daily L'Équipe on 04/02/2022, at a time when French professional football is finally hoping to see the end of the tunnel after both the Covid and Mediapro catastrophe.

"In absolute terms, this is the best winter transfer window that Ligue 1 has seen in a long time: €100m in sales and €69m in capital gains. The gross figures are quite satisfactory and better than what the DNCG imagined," said the DNCG president, referring to the January 2022 winter transfer window.

"On the other hand, almost all of this capital gain was made from four transfers (see…