LFP turns to €224.5m state-guaranteed loan to plug TV rights gap

(Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)

The general assembly of France’s Professional Football League (LFP) has today adopted a resolution that will enable the league to take out a state-guaranteed loan to make up for the shortfall in broadcast rights monies caused by the termination of the 2019-20 season.

The LFP said today that the loan from its bank would allow it to pay Ligue 1 and Ligue 2 clubs “all the sums still to be collected for broadcast rights for the 2019-20 season”.

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