Foot – Market – PSG
Asked about the agreement signed between CVC and the LFP, Vincent Labrune, president of the League, confirms that PSG will recover €200m in this case.
The last days, Nasser Al-Khelaifi gave an extensive interview to the BBC in which he evoked in particular the role of the PSG in the agreement obtained between the LFP and CVC for a total of 1.5 billion euros. ” Imagine that PSG is not part of the French League. Where would the league find an investment fund to invest 1.5 billion euros, which goes to smaller clubs to invest? When you look at all of what we do, it has raised the bar “, assured the president of the PSG. Vincent Labrun confirms that the Parisian club played a very important role, while reducing the share it would recover in this affair.
PSG will recover 200M€
« Everyone knows the fragility of our economy. The great pride of the League’s teams and its advisers (the Lazard and Centerview banks and the Darrois law firm) is to provide a solution to deal with an unprecedented financial crisis. In this context, the least risky club of all, for obvious reasons, was PSG. He had to be convinced of the advisability of carrying out this project. Paris was entitled to claim, according to all the studies, between 300 and 350 million euros because it participates in 34% of the income of the L1. But he chose to lower his share to 200 million euros, or 17% of the total, so that the entire ecosystem can benefit from the project. In fact, Paris is losing the most. What we proposed was the least unfair solution “, assures the president of the LFP at THE TEAM.
