In times of economic crisis, all means are good for balancing cash. While most French clubs have already put their staff on partial unemployment, they are now turning to money loans. Not in the form of a global loan, as Gérard Lopez wanted, but individual loans. As L’Équipe indicates, French professional teams can benefit from the 300 billion euros in the guaranteed loan envelope announced by Emmanuel Macron at the start of confinement.
PSG has still not borrowed
Ligue 1 clubs borrow in particular to pay their employeesCredit Photo – Icon Sport
A measure which the clubs intend to take advantage of, which have already started to take out loans guaranteed by the state (PGE), corresponding to a credit guaranteed at 90% by the state via the Public Investment Bank (BPI). Loans are all the more welcome as they benefit from a very low borrowing rate. For the moment, around thirty teams have already taken action, such as Dijon which has borrowed 5 million euros. The other names mentioned are RC Strasbourg, AS Saint-Etienne and Paris FC (Ligue 2), while PSG has not wished to request a PGE for the moment.