Canal+, huge thunderbolt in sight?

Ligue 1 TV rights: Canal+, it’s official

Ligue 1 and Canal+ are well and truly over. In any case as far as a direct agreement with the LFP is concerned.

Once and for all, Maxime Saada has dotted the i’s as to the position of Canal+ on The call for tenders of the Professional Football League (LFP) for the TV rights of the Ligue 1 over the period 2024-2029. In an interview with Le Figaro, the president of the encrypted channel was very clear: “ We did not participate in the tenderhe recalls. We do not participate in over-the-counter discussions. We do not have an agreement with DAZN or beIN on the continuation. When the league rights sale process is finalized, we will notify. »

Today, Canal+ anticipated the loss of Ligue 1 on its broadcasts by reviewing its investment strategy. Witness the 480 million euros annually invested in particular on the rights to the European football cups. “ We have regained a number of rights, such as the English Premier League and the Champions League. We have invested in MotoGP, renewed Formula 1, golf and once again signed the Top 14. The reality is that Canal+ has reinvested the resources historically available for Ligue 1 in other rights and other agreements with platforms like Netflix, Disney+ or Apple TV+ », Specifies Maxime Saada.

BeIN Sports ready to bet the expected amount

Scalded by the Mediapro fiasco and the rescue operation in which Canal+ had to participate three years ago, the group’s boss concludes: “ There is no question of buying Ligue 1 from the scrapheap. This would be good neither for the competition nor for the clubs. I want to be very clear on this point: Canal+ will not be the gravedigger of French football. » In all likelihood, while DAZN is no longer in the race, due to not being able to invest more than 500 million euros per year in the L1, beIN Sports should win the bet very soon.

According to L’Equipe, the Qatari entity, driven by the interests of PSG – flagship of soft power developed by Doha – and guided in its intentions by the diplomatic relations between the President of the Republic Emmanuel Macron and the Emir Tamim bin Hamad Al -Thani, is able to meet the initial expectations of the LFP. Namely 700 million euros each season for the rights to the L1 in France, and nearly 900 million euros also considering international rights.

Before positioning itself officially, beIN Sports would however like to reach an agreement with Canal+ to ensure the risk-free distribution of its assets. From both sides, a strong sign of commitment is therefore expected. During the previous agreement, beIN had concluded a sub-licensing deal with Canal for the broadcast of two matches on each day of the championship. For 332 million euros per year.

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