As France Chases Title at Euros, Its League Faces a $400 Million Hole


Chief executive Maxime Saada
“French soccer’s new television deal was supposed to save the league and its clubs from a financial meltdown. Instead, it may have made a bad situation worse. Soon after France’s top soccer league, Ligue 1, announced this month that it had enticed Amazon to become its lead broadcaster, its longtime television partner, Canal Plus, reacted with fury. Canal Plus would neither pay for nor broadcast the two games per week it owned the rights to, the company said. Not at the premium price in its contracts, at least. And certainly not when Amazon was paying roughly $100 million less for four times as many games. …”
NY Times

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