LFP/CVC agreement: minutes from the public hearings before the French Senate's fact-finding mission

News Tank Football - Paris - Selection #329594 - Published on
©  D.R.
Senators Michel Savin and Laurent Lafon, 23/05/2024 - ©  D.R.

• "No, the deal with CVC is not a good deal for French football. No, the lifetime assignment of 13% of revenues was not the only solution. No, the clubs did not have the information they needed to vote on the deal between the Ligue de Football Professionnel and the investment fund CVC Capital Partners. No, this agreement is not at all fair; on the contrary, it will increase inequality," said Jean-Michel Roussier, president of Le Havre AC (Ligue 1) during his public hearing before the French Senate's fact-finding mission on the involvement of investment funds in French professional football, on 07/05/2024.

• "The creation of the commercial company 'LFP Media' was a vital operation for the clubs in a very particular context. The CVC solution appeared to be the only one capable of guaranteeing the future of our clubs. It is too early to make an assessment. The business plan is for ten years or more. So the timeframe is too short to draw any conclusions. (Philippe Diallo, president of the FFF, 12/06/2024)

• "The business plan (between LFP and CVC Capital Partners), which is ambitious…

©  D.R.
Senators Michel Savin and Laurent Lafon, 23/05/2024 - ©  D.R.

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