The LFP calls on Mediapro to pay the 172 million euros

The LFP calls on Mediapro to pay the 172 million euros
The LFP calls on Mediapro to pay the 172 million euros

The boss of the audiovisual group Mediapro, which owns the TV rights to Ligue 1. – ROMUALD MEIGNEUX / SIPA

The legal battle is underway between the Professional Football League (LFP) and the Mediapro group, which refuses to pay the 172 million TV rights scheduled for October 5. While the Sino-Spanish audiovisual group turned to the Nanterre commercial court to initiate a mediation procedure (in order to renegotiate the amount of rights with the League), the LFP for its part decided to put it on notice to force him to pay.

Two exit doors …

This was announced by the executive director general of the League, Arnaud, Rouger, in a letter sent to the clubs that the newspaper was able to consult. The team. “We have applied the contract that binds us with Mediapro and put them on notice to settle the installments of October 1 and 5, while activating the guarantee given by the parent company of the Mediapro group (the Chinese fund Orient Hontai Capital)” , writes in particular the leader.

Legally, the formal notice is a formal interpellation made to the debtor who has not fulfilled his obligation at its term. There are now two ways out, observes Rouger: “Either a favorable outcome is found with Mediapro, or this is not the case, and it will be necessary to consider taking over the contract by other operators. “

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