The LFP was targeting one billion euros for Ligue 1 TV rights for the period 2024-2029. Ultimately, the governing body of French football will have to settle for €500 million. A sharp decline which weighed down the finances of many elite clubs. Reigning French champion, Paris Saint-Germain also lost a good chunk of money, as its new general director, Victoriano Melero, announced.
“We are losing 50 million euros this season. The impact is real, especially compared to our European competitors. It’s up to us to find how to compensate for this shortfall. But despite everything, our income will continue to increase. Particularly thanks to new competitions”he indicated to the Parisian.
