French LFP opens club talks with call to cut wages by 30%

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January 12 – French football is in talks to reduce the salaries of Ligue 1 and Ligue 2 players in a bid to mitigate the financial fallout from the coronavirus pandemic and the loss of the Mediapro media rights contract.
On Tuesday, the French Professional Football League (LFP) as well as the presidents of Ligue 1 and Ligue 2 clubs met with the French players’ union UNFP for a first round of negotiations aimed at considerably reducing player salaries.

Stade de Reims president Jean-Pierre Caillot, Olympique Lyonnais president Jean-Michel Aulas, Racing Club supreme Marc Keller, FC Lorient boss Loïc Féry and AC Ajaccio president Christian Leca represented clubs meet. The clubs would demand a 30% cut in wages. The UNFP made no comment.

The negotiations highlight the gravity of the situation in French football. The LFP are looking for a new broadcaster to join the fray after the deal with Mediapro – worth more than € 800m per season – collapsed. Mediapro will pay € 100 million in compensation for breach of contract terms with an agreement that no further legal action will be taken by the LFP.

The LFP had little choice but to take out a € 120m bank loan to cover parachute payments to clubs, on top of the € 224m the league borrowed from the French government last spring. to help clubs deal with the economic consequences of the pandemic. French football was one of the few leagues to cancel the recall for the 2019-20 season after the global health crisis forced football to close. However, the government has said it will not bail out the LFP due to the current rights situation.

Ligue 1 and Ligue 2 matches are still played behind closed doors due to the coronavirus pandemic, continuing the erasure of the day’s income which is crucial for many clubs.

The contraction of the international transfer market and new recruiting restrictions for English clubs are likely to result in more revenue losses for French football, where large disparities already exist between player salaries.

“The players who grew up in France in particular are the main expatriates of the English Premier League (47 players), the German Bundesliga (36), the Italian Serie A (35) and the Spanish Liga (30). The French represent the most represented foreign origin in eight other associations: Belgium (1st and 2nd division), Bulgaria, Turkey, Switzerland, Romania, Qatar, Algeria and Luxembourg ”, indicates a recent CIES Football Observatory report.

Contact the author of this story, Samindra Kunti, at moc.l1610475075labto1610475075ofdlr1610475075Owedi1610475075sni @ o1610475075fni1610475075

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