December 21-French football still counts the cost of losing Mediapro broadcast contracts, which has plunged many clubs already hit by the Covid-19 pandemic into further financial turmoil.
A concern in France is that major clubs can struggle to retain their key assets during the January transfer period.
From this season, Chinese and Spanish distributors have acquired 80% of their rights to broadcast on the Telefoot channel for € 800 million annually. It was a record fee for French football. However, since October, Mediapro has been pushing to reduce payments and reportedly missed at least one payment.
League 1 leader Lille coach Christophe Galtier said the collapse of the deal, which would charge customers € 25 a month, would have a serious impact.
“Football’s economy is clearly very difficult. With the COVID-19 crisis and Brexit, it will be complicated,” Gartier said. “This is a real storm, and you need to trust the board, authorities, and club president to overcome it.”
Mediapro boss Jaume Roures recently said that Telefoot, the pay-TV channel the company created to display Ligue 1, has 600,000 subscribers, well below the expected 3.5 million. I made it clear.
“It’s clear that Covid influences many aspects of our rights availability,” Roures said. “I want to renegotiate this season’s contract. I don’t question the project itself, but the bars and restaurants are closed and advertising is stopped.”
Mediapro reportedly agreed to return the rights to the 2020-2024 Ligue 1 game, but will only pay a portion of the amount payable to the French League.
PSG Chairman Nasser Alkeraifi called for a full investigation, and Marseille coach André Villas-Boas commented: A man who presented himself as a great savior of French football and now he does not have the money to pay the contract. It’s ridiculous. “
Canal Plus, a historic partner of the League 1 and French Championships, who has already shown a limited number of League 1 matches, is believed to be waiting on the wings, but the offer has not yet been announced. .. It is unlikely to match the amount Mediapro originally paid, but we already have a partnership with beIN Sports, which may be part of the solution.
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– Soccer Sports
The failure of the Mediapro partnership brings financial horror to the heart of French club football
http://www.insideworldfootball.com/2020/12/21/failed-mediapro-partnership-strikes-financial-fear-hearts-french-club-football/ The failure of the Mediapro partnership brings financial horror to the heart of French club football