Think Football 2022: "The arrival of CVC changes operational governance" (O. Létang, LOSC Lille)

"The arrival of CVC Capital Partners changes the operational governance as there will be no club within the commercial company. There will only be a supervisory committee with three people from the LFP, two from CVC, and one from the FFF but without voting rights. The strategic vision is therefore more business-oriented with the ability to act more quickly than before," said Olivier Létang, president of LOSC Lille (Ligue 1 Uber Eats), during Think Football 2022, at the FFF headquarters in Paris (FRA), on 04/10/2022.

"Benefits and impact of the LFP's commercial company" was the theme of the round table discussion in which Olivier Létang participated, along with Nicolas Blanc, president of the consultancy firm Sport Value, and Arnaud Simon, president and founder of the consultancy firm In&Out stories. The investment fund CVC has invested €1.5bn to acquire 13% of the LFP's new commercial company.

"At first glance, one might wonder about the link between an investment fund and sports entities, leagues or federations. Their negotiations were very long in rugby with the 6 Nations as they…