CVC enters final stage talks for €1.5bn stake in LFP’s new commercial arm
March 21 – The French Professional Football League (LFP) has entered exclusive negotiations with private equity firm CVC Capital for a €1.5 billion investment in a new commercial subsidiary that will handle the LFP’s commercial rights.
The rights included cover both Ligue 1 and Ligue 2 and would see CVC take a 13% stake to CVC in the new commercial business.
In a statement, the league body said that its board had “unanimously decided to enter into exclusive negotiations with the investment company CVC as part of the project to create a commercial company.”
Last year,
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