The national financial prosecutor's office is taking up a major French football case. The PNF has opened a preliminary investigation into the agreement between the Professional Football League (LFP) and the Luxembourg investment fund CVC Capital Partners, said L'Equipe this Thursday, information confirmed by Le Parisien-Aujourd'hui in France .
This deal, signed in April 2022, allowed the LFP to recover 1.5 billion euros. In exchange, she ceded 13.04% of her income to CVC for life.
The AC (Anti Corruption) association filed a complaint against the commercial company of the League, which made it possible to set up this agreement, for embezzlement of public funds, wondering if "the
Can the LFP definitively cede the commercial rights to French football? After studying the complaint, the National Financial Prosecutor's Office assigned two prosecutors to the case. For the moment, no investigative service has been appointed to take charge of the investigations.
The Senate inquiry committee reoriented
This will modify the scope of the Senate commission of inquiry, because the latter cannot encroach on points targeted by the justice system. Senators Laurent Lafon (UDI) and Michel Savin (LR) now have the mission of “understanding the place that investment funds take in the football economy (Clubs and commercial company of the League) and if this new trend does not will not harm their economic future. And no longer simply on the constitution of a commercial company by the League. The hearings begin on April 4, with the appearance of economists Luc Arrondel and Richard Duhautois before the elected officials.
Furthermore, the Le Havre club continues its legal battle against the League to contest this agreement. If the Paris summary court declared itself incompetent in January, a first hearing took place at the Paris judicial court at the end of February. But the procedure is only just beginning, and the case is expected to take many months to be studied by the courts.