Canal+historic station of Ligue 1will not participate in the tender for television rights for the French championship in the 2024-2029 season, he declared to AFP on Monday, confirming information from L ‘Team.
Live television broadcasting rights were valued on September 12 at 800 million euros per season by the Professional Football League (LFP). Candidates have until October 16 to position themselves. It is a major blow for the LFP, which seeks to earn a billion euros per season by adding its championship rights abroad.
The president of the League, Vincent Labrune, felt this when he estimated in L’Equipe in June that Canal + might not participate in the tender. “It’s not a surprise,” said sports television rights adviser Pierre Maës, interviewed by AFP. “That Canal + does not make an offer equal to or more than 530 million euros (for the main lot, with three games including the first two posters) is in line with what they always say.”
For the Belgian economist, the reason for the withdrawal of the pay channel depends on the “value of the price. Canal + does not say ‘I am not interested’, but: ‘I will not participate in the tender at this price. .’ Asked by AFP, LFP responded that it would not “speak about this issue during the bidding process.”
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
