France aims to copy Premier League finance model

French shot intends to make a concern exemplary akin to the Premier League, with a club-owned entity replacing the Ligue de Football Professionnel (LFP) arsenic portion of plans announced by France Football Federation president Philippe Diallo connected Monday.

Under the proposal, French clubs and backstage equity steadfast CVC Capital Partners would go shareholders successful a recently created institution liable for managing and selling nonrecreational competitions, with the FFF besides holding a stake.

"This would beryllium a French mentation of the Premier League -- a club-owned institution with paid executives moving the league," Diallo told a quality conference.

The program stems from the enactment of 3 task forces launched successful aboriginal March arsenic French shot faces mounting challenges.

"This is an innovative and disruptive task compared to the existent enactment of nonrecreational football," Diallo said.

"It aims to laic the instauration for a rebound of our nonrecreational clubs wrong a much businesslike and transparent framework, with a renewed relation for the Federation."

Diallo emphasized the request to simplify the existent structure, which includes the FFF, the LFP, and its commercialized arm, LFP Media.

"With the instauration of LFP Media, the LFP has go astir an bare shell," helium said. "This connection would spot the LFP vanish arsenic its functions are absorbed by the caller company."

The caller operation would beryllium liable for organising and promoting the home leagues, portion the FFF would clasp a cardinal oversight role, including veto powerfulness implicit contention format changes.

"This task volition necessitate legislative changes," Diallo added.

A measure addressing the governance of nonrecreational sports successful France is acceptable to beryllium reviewed by the Senate connected June 10.

CVC invested €1.5 cardinal ($1.67 bn) successful LFP Media successful 2022 successful speech for a stock of media revenues, and is expected to play a important relation successful the caller governance model.

The proposal, if enacted, would people a large displacement successful however French shot is managed and is seen arsenic a effect to years of fiscal instability and competitory imbalance wrong the league system.