The L1 disaster analyzed by Florentino Pérez

Florentino Pérez, the president of Real Madrid, took advantage of the general assembly of the White House this Sunday to sound the alarm in view of the evolution of European football. “ Football is seriously ill “, he then proclaimed, noting the gradual running out of steam in football resources, and in particular the famous TV rights.

« The situation has never been as deteriorated as today. Virtually every major league is suffering major setbacks. The recent sale of international TV rights to the Italian championship ended well below expectations and the situation in the German championship is very similar, just as worrying. », Says the big Spanish boss, Iberian construction magnate.

HVAC singled out

Where the situation is most worrying, however, is in France according to Florentino Pérez. “ It's an absolute disaster in France. The French championship, once valued at one billion euros, has not even reached 500 million euros. This is a disastrous result for the only European league which, coincidentally, with the exception of La Liga, is partially owned by the CVC fund. This participation is also the subject of an investigation for alleged corruption in France. »

In Spain too, we are now dealing with CVC, the international investment fund which for 1.5 billion euros at the end of the covid-19 crisis won 13% of the revenue of the Professional Football League, for life. “ Without going any further, Real Madrid earned, during the last season, practically the same amount of La Liga audiovisual rights as 10 years ago. Spanish clubs are in crisis and the operation with CVC has only made the situation worse », breathes Florentino Pérez, more pessimistic than ever.