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LFP enters into exclusive negotiations with CVC for commercial subsidiary stake

(Photo by FRANCK FIFE/AFP via Getty Images)

France’s Professional Football League (LFP) has entered into exclusive negotiations with CVC Capital Partners to sell a stake in its new commercial subsidiary to the private equity firm.

The proposed deal would see the LFP sell a 13 per cent share in the planned commercial entity for €1.5bn ($1.65bn), valuing the subsidiary at €11.5bn overall.

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