AS Saint-Etienne : ASSE, OM, LOSC, Girondins: a much more worrying financial situation than expected?

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This is a worrying article for the future of several French clubs which is published by Mediapart and relayed by Poteaux Carrés. The independent site evokes the financial situation of French clubs very affected by the Covid 19 crisis. To justify the use of the LFP loan (224.5 million euros) to replace unpaid TV rights, Mediapart evokes ” confidential documents of the LFP ” who ” contradict front optimism ” Several clubs are even mentioned ” on one’s last legs ” OM, ASSE, Girondins and LOSC are the most threatened.

To justify this aggravating finding, Mediapart publishes extracts from confidential LFP documents on the financial impact of Covid 19 on Ligue 1 clubs. While a net result of -103 million euros was expected by the end of season under normal conditions, the impact of the crisis would be estimated at 438 million euros. At