French FA to hand Ligue1 ownership to clubs and CVC in bid to build financial strength
May 13 – Imitation is indeed the sincerest form of flattery, and the 33-year-old English Premier League is deserving of a bow as the French Football Federation (FFF) unveils plans to completely transform their governance structure by adopting the Premier League’s club-owned model.
This revolutionary shift will replace the long-standing Ligue de Football Professionnel (LFP) with a new equity-based platform owned by the clubs themselves.
FFF President Philippe Diallo said that French clubs and private equity firm CVC Capital Partners will become shareholders in a newly formed company tasked with managing and marketing professional competitions,
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