LFP approved 2008/2009 accounts

On occasion of the  General Assembly of December 21, the LFP approved the accounts  for the 2008-2009 season.

These accounts are marked by an increase of 26 million € (+3.6%) in turnover amounting to 745 million €. This increase in revenues is due to the first year of implementation of audiovisual contracts signed for 4 years with Canal + and Orange for the national rights and Canal + France Events for the international rights.

The proceeds distributed to the clubs reached a record of 615.3 M €, up by 10.7 M €. in comparison with the previous figure.

The levy for the Buffet Tax, in benefit of amateur sport, amounted to € 34.6 million an increase of € 2.1 million. Since 1 July 2008, mobile rights and foreign rights are also subject to the Buffet Tax.

The commitments of solidarity to grassroots football with input from professional football are maintained at € 22.4 million under the new financial protocol FFF / LFP signed for two seasons.

The year 2008-2009 ended with a net profit of € 0.9 million.


Jacques Wattez elected to the Board of Directors

The General Assembly renewed a position for the LFP Board of Directors. Jacques Watts, President of the U.S. Boulogne Cote d'Opale, was elected as a member of the College of Ligue 1. 

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