Ligue 1 – Labrune cuts his salary by 30% after the flop of TV rights

Ligue 1 – Labrune cuts his salary by 30% after the flop of TV rights
Ligue 1 – Labrune cuts his salary by 30% after the flop of TV rights

The board of directors of the Professional Football League, meeting on Wednesday, recorded a 30% reduction in the remuneration of its president, Vincent Labrune, and its general director, Arnaud Rouger, AFP learned from a source. close to the instance. “Since August, the League has been working to reduce its costs. The board of directors this morning (Wednesday), decided to reduce the body’s payroll by 22.4% for the current 2024-2025 financial year“, specified this same source.

In this context, the president of the League and its general director proposed to reduce their remuneration by 30%”, she added. Upon his re-election for a new mandate on September 10, Vincent Labrune announced his intention to reduce the amount of his annual remuneration, currently 1.2 million euros. Arnaud Rouger , in duo with Labrune since 2020, decided to align with the salary reduction of its president – who at the same time waived his end-of-term lump sum compensation.

The League faces a difficult equation to resolve to cushion the very significant drop in television revenues brought by DAZN and beIN Sports for around 500 million euros annually during the period 2024-2029. But the LFP’s objective of reducing salary costs by 22.4% will not be accompanied by an employment protection plan (PSE), said this source close to the Board of Directors.

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