This is called taking a Savin.
Senator Michel Savin (Les Républicains), rapporteur of the information mission on investment funds in French football, spoke in the newspaper The Team this Friday. After hearing the president of the LFP, Vincent Labrune, as well as the presidents of FC Nantes, Waldemar Kita, and Montpellier, Laurent Nicollin, the senator questioned the relevance of the contract with CVC, the fund which exchanged 1.5 billion euros against 13% of the LFP’s commercial revenue, potentially for life.
“That so much money is in the hands of officials who do not know or are not interested in these elements, that concerns us. Just like the fact that he blindly trusts a few people. […] There are things that seem surprising to us, reacted Michel Savin in the daily newspaper. [L’accord avec CVC] Was it the right choice? », he pretends to wonder, before questioning the remuneration of Vincent Labrune and that of the League: “When we voted on the text of the commercial company, our objective was for it to serve the financial interests of the clubs and not those of the banks, law firms or a few leaders of the League. 37.5 million euros in commission were paid anyway. [Les représentants de CVC, auditionnés la semaine dernière] said that the president’s salary was not covered by the commercial company even though it was 50% covered. We’re talking about 600,000 euros and they don’t know about it. It’s still incredible. »
While around thirty hearings were carried out by the fact-finding mission, the senator specifies that the latter will run until the end of September, because « contradictions » have been listed and the League has not yet found a broadcaster.
This could make a great series.
William Saliba, the other kid from Bondy
