PARIS, – French soccer intends to have its personal model of the Premier League, with a club-owned entity changing the Ligue de Soccer Professionnel as a part of plans introduced by French Soccer Federation president Philippe Diallo on Monday.
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Below the proposal, French golf equipment and personal fairness agency CVC Capital Companions would change into shareholders in a newly created firm answerable for managing and advertising and marketing skilled competitions, with the FFF additionally holding a stake.
“This would be a French version of the Premier League – a club-owned company with paid executives running the league,” Diallo instructed a press convention.
The plan stems from the work of three activity forces launched in early March as French soccer faces mounting challenges.
“This is an innovative and disruptive project compared to the current organization of professional football,” Diallo mentioned.
“It aims to lay the foundation for a rebound of our professional clubs within a more efficient and transparent framework, with a renewed role for the Federation.”
Diallo emphasised the necessity to simplify the present construction, which incorporates the FFF, the LFP, and its business arm, LFP Media.
“With the creation of LFP Media, the LFP has become almost an empty shell,” he mentioned. “This proposal would see the LFP disappear as its functions are absorbed by the new company.”
The brand new construction could be answerable for organising and selling the home leagues, whereas the FFF would retain a key oversight function, together with veto energy over competitors format adjustments.
“This project will require legislative changes,” Diallo added.
A invoice addressing the governance {of professional} sports activities in France is ready to be reviewed by the Senate on June 10.
CVC invested 1.5 billion euros in LFP Media in 2022 in alternate for a share of media revenues, and is anticipated to play a big function within the new governance mannequin.
The proposal, if enacted, would mark a significant shift in how French soccer is managed and is seen as a response to years of economic instability and aggressive imbalance inside the league system. CVC Capital Companions PLC