Mediapro: a mediation procedure negotiated with the League?

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According to Le Canard enchaîné, in its edition to be published this Wednesday, Mediapro, which has been broadcasting the Ligue 1 and Ligue 2 matches since the start of the school year, would have turned, at the end of September, to the Nanterre commercial court to initiate a mediation procedure as to the non -payment of its first installment. A procedure that the president of the LFP, Vincent Labrune, would have validated. The case is expected to last several weeks, possibly even months.

Le Canard Enchaîné claims that the Spanish group initiated a mediation procedure on September 29 with the president of the Nanterre commercial court. Why ? Freeze the debt of 172 million euros, says the weekly. Still according to him, Vincent Labrune, the new president of the League, would have initialed a document aiming to “accept the procedure” and “keep it secret”.

In other words, this procedure, reserved for companies in difficulty, will be spread over three months or more in the event of renewal of the mandate. It will aim to find a solution that suits both camps. It could be a debt rescheduling. To put it simply, the settlement of these 172 million is not for now.

Recall that the boss of the Spanish group Mediapro announced last week that he had requested a payment deadline for his second installment concerning the rights of L 1 and L 2 for an amount of 172 million euros. He also asked to renegotiate the amount for the 2020-2021 season (780 million). A proposal that triggered a real tremor in French football, whose economy depends in part on this contract.

Article original de: www.leparisien.fr

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