As with all professional clubs in L1 and L2, there is concern at Stade Rennais, faced with the great vagueness surrounding the amount which will be received via TV rights from next season. A question still not resolved, while the championship resumes in two months.
It is in this context that the management of the SRFC presented its forecast budget to the DNCG, this Thursday, June 13. Unsurprisingly, the French football management control body did not take any action against the Breton club, remaining on its traditional line by providing rather cautious financial projection data.
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The club, like others, expects to see its revenues from TV rights drop, but does not know to what extent. The budget will obviously be readjusted later if necessary, depending on this parameter, also depending on the actual amount of summer sales (which could exceed 150 million euros), or the actual amount of purchases.
Important sales to come, and ways to recruit
Stade Rennais has projected revenues which will automatically drop with the absence of the European Cup (loss of around twenty million euros, a priori). The budget is therefore revised downwards (around 80-90 million euros?), with also a payroll which should be reduced a little, under the effect of the planned departure of several high salaries and a reduction of the squad (still 33 professional players currently under contract).
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But the SRFC will have the means to recruit, already given the amount of sales provisioned. Almost 20 million euros have already been made with the transfer of Belocian to Bayer Leverkusen.
The Breton club will be impacted by the probable drop in TV rights, but less than other clubs. Its overall revenues will remain significant, it remains backed by a powerful shareholder, capable of paying back if necessary, and it should also receive more international TV rights (reserved for clubs having played in the European Cup over the last three seasons), which are revised upwards.
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CVC, the investment fund which made it possible to create the League’s commercial company, should also begin to take away club income from audiovisual rights. But at the same time, Rennes must still receive part of the draft promised by CVC upon the latter’s arrival, which it has not yet used. This represents several million euros.
