“An absolute disaster”, Florentino Pérez destroys the economic situation of Ligue 1

“An absolute disaster”, Florentino Pérez destroys the economic situation of Ligue 1
“An absolute disaster”, Florentino Pérez destroys the economic situation of Ligue 1

During the General Assembly of Real Madrid, Florentino Pérez was very critical about the economic situation of Ligue 1. The sale of rights by the LFP worries him very much.

Being president of Real Madrid means being everywhere. Florentino Pérez is always aware of all subjects and closely follows each championship. In Ligue 1, the president of the Merengue was able to remotely attend the hazardous sale of TV rights. For him, this situation is dramatic in more than one way.

“It's an absolute catastrophe in . The French championship, once valued at a billion euros, has not even reached €500 million. It's a disastrous result for the only European league which, coincidentally, has with the exception of La Liga, is partially owned by the CVC fund. This stake is also the subject of an investigation for alleged corruption in France.launched Pérez during the General Assembly of his club.

Several Ligue 1 teams have suffered the full brunt of this fall in the value of TV rights. Teams like RC , Olympique Lyonnais or HSC for example now need to sell urgently to balance their accounts.

The transfer window was also very calm in France in general since many teams could not afford to invest. DAZN picked up the jackpot for less than expected but subscriptions did not follow. The catastrophe feared beforehand and confirmed by Pérez seems to have occurred.

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