New twist in the always hot news of the LFP. According to information from the Team, a search took place this Tuesday morning at the headquarters of the Professional Football League (LFP), under the direction of the National Financial Prosecutor's Office (PNF), but also at the home of Vincent Labrune. This intervention follows an investigation opened after a complaint filed by the anti-corruption association “AC!! “.
A search following the Senate report
This association questions the conditions of the agreement concluded between the LFP and the CVC investment fund, which acquired 13% of the capital of the League against an investment of 1.5 billion euros. This new twist comes shortly after the publication of a Senate report on the growing influence of investment funds in French professional football, a subject which has sparked numerous criticisms. The deal with CVC, in particular, is at the heart of questions, with some believing that the terms of the agreement lack transparency. The intervention of the PNF marks a turning point in this affair, putting the LFP under pressure to justify its financial choices.
Also read
TV rights / LFP / Piracy: a proposed law for professional football
Featured Podcasts
MEN LIFE
To summarize
Clearly, nothing will be spared at the LFP recently. We learned this Tuesday morning that a search is underway at the headquarters of the authority. Subject of this search, the famous disputed deal with CVC…