The registrations are underway, on Tuesday, November 5, in the offices of the Professional Football League (LFP) and in those of the CVC investment fund in particular, we learned the world and Agence France-Presse (AFP), confirming the information of The team.
These records are part of an investigation by the National Financial Prosecutor’s Office (PNF), for suspicions of embezzlement of public funds, active and passive corruption of public officials and illegal appropriation of interests. This procedure follows a complaint sent in November 2023 by the AC association!! Anti-Corruption, which mentions in particular the incidents of embezzlement of public funds that occurred in 2022 during the creation of the LFP commercial company.
This company was created after a partial transfer of capital to the Luxembourg investment fund CVC Capital Partners. The agreement signed in April 2022 by the LFP with the CVC fund should contribute 1.5 billion euros to French professional football, compared to 13.04% of its lifetime income for CVC.
The investigations, entrusted on July 16 to the Paris investigation section, must clarify the conditions of this agreement and, in particular, the role of the various protagonists. According The teamSearches are also being carried out at the home of Vincent Labrune, president of the LFP. The AFP and the world We have had no confirmation at this stage of these searches.
The commercial venture also interested parliamentarians, who appointed a commission of inquiry in April. However, they reviewed the scope of their own investigations so as not to encroach on the work of the PNF. The senators are interested, more generally, in the intervention of investment funds in French professional football.
