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Ligue 1 clubs stare into financial abyss after huge TV deal collapses.
https://www.theguardian.com/football...apses-mediapro
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French clubs hoped they would be revitalised by an unprecedented TV rights deal worth more than €1.15bn per year (€814m a year from Mediapro and €330m from BeIN Sports). It was the second largest TV deal in Europe
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Quote:
There had been concerns about Mediapro from the start. When the rights were sold in 2018, critics pointed out that a similar deal with Serie A had fallen through because the Spanish broadcaster had not offered adequate financial guarantees.
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