LFP: agreement with CVC "confirmed by an overwhelming majority" during club meeting

The agreement between the Ligue de Football Professionnel and the Luxembourg investment fund CVC Capital Partners, which provides for the investment of €1.5bn in French professional football in exchange for 13% of the commercial company created in July 2022 and subsequently named "LFP Media", has been "confirmed by an overwhelming majority" according to the LFP following a general meeting of professional clubs convened on 23/11/2023.

Eight resolutions on the agenda were adopted by secret ballot, including the distribution of the funds contributed by CVC. In detail:
• The creation of LFP's commercial subsidiary was adopted with 96.76% of votes in favour.
• The company's statuts and associates' agreement were approved by 96.62% of votes in favour.
• The terms and conditions for distributing CVC's contribution were approved with 97.73% of votes in favour.
• 100% approved the allocation of the FFF's grant to CVC's contribution.
• 96.56% were in favour of using the balance of the CVC contribution (including repayment of the PGE, a loan guaranteed by the French State).
• 100% were in…