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Ligue 1 reduces its president’s salary by 30% for non-compliance with objectives

The economic problems of the clubs League 1 They led the LFP to reduce the salary of its president by 30%, Vincent Labrune. A situation that was reached after the appearance of CVC and the considerable devaluation of television rights, which fell by almost half. Something that contrasts with the situation in Spanish football, where the value of the competition has been frozen for years, based on the commercialization of rights, while Javier Tebas The salary continues to increase, with the approval of the rest of the clubs.

THE League 1 It was plunged into a serious economic crisis which ended up affecting its president. The first leader of the French championship, Vincent Labrune accepted a 30% reduction in his salary, at the request of the LFP board of directors. From 1.2 million annually, he will earn around 840,000 euros. Compensatory bonuses are also canceled when you leave your position.

Due to the sale of rights in France by 500 million euros, has DAZN And beIN Sports, French football is plunged into an immense crisis. A situation which pushed the objective of French football through “reduce all human resource costs by 22.5%», as the president of Stade de Reims revealed. This is the leader who commented on Labrune’s pay cut, saying that he and his CEO “They accepted without hesitation“.

The leaders of the LFP The French have paid the consequences of disastrous management. For this reason, their salaries were reduced by 30%, which is close to the figure by which the competition has been devalued since 2020, when the rights were sold for more than 800 million euros.

In Spain, the appearance of HVAC after the pandemic, with the aim of reviving the growth of League, This caused an effect not as dramatic as in French football, but far from that expected. The clubs mortgaged themselves for 50 years, giving up around 10% of their share of television rights.

In addition, on the national market, the most important for the League, Thebes won the competition for an amount of 990 million annually for five seasons. This meant the freezing of television rights – which would amount to a devaluation, if inflation is taken into account – and, furthermore, it meant an increase in sales for two years, whereas the previous contract was for a duration of three years. With this measure, we prevent the League from being revalued in Spain, despite the arrival of world-class players like Mbappé either Julien Alvarez and the appearance of new emerging gems like Nicholas Williams either Lamine Yamal.

What has increased is the amount he receives per year Javier Tebas. The president of the employers’ association has a salary greater than six million euros. A figure far from that of his French football counterpart (1.2 million before the reduction) and, of course, from the 348,000 he earned during his first year at the head of the institution, in 2013.

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MR. Ricky Martin
MR. Ricky Martin
I have over 10 years of experience in writing news articles and am an expert in SEO blogging and news publishing.
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