It was with a very succinct press release, barely five lines, that the Professional Football League (LFP) reacted Tuesday evening to the searches carried out during the day in its offices, as well as at its president Vincent Labrune in the premises of the fund. investment CVC Capital Partners.
“The LFP is cooperating with the justice system to provide all the elements necessary for the current investigation, in complete transparency,” writes the body. The investigative acts which are taking place with the greatest serenity will confirm that the action carried out by the League has always been guided by a deep commitment to French football, in full respect of the rules in force. »
The remuneration of the executives in question
The searches carried out are part of an investigation by the National Financial Prosecutor’s Office (PNF) opened in February 2024 into the contract entered into in 2022 by the LFP with the CVC investment fund.
This agreement will bring a total of 1.5 billion euros to French professional football, compared to 13% of its lifetime income for the investment fund. According to The Team“during the negotiations between CVC and the LFP, it was planned that the bankers and lawyers who advised the LFP would be remunerated once the deal was finalized” to the tune of 37.5 million euros. A part of this sum (8.5 million euros, mainly for Labrune, according to The Team) had been paid as a bonus to the leaders of the League who participated in the negotiation of the contract.
The investigations were entrusted on July 16 to the gendarmes of the Paris Research Section, who are seeking to determine whether there was embezzlement of public funds, active and passive corruption of a public official and/or illegal taking of interests during of the conclusion of this agreement.
Senegal
Related News :