LFP to lose over €12m a year as betting income shifts to FFF | OneFootball

The LFP faces a sharp revenue hit after the National Assembly approved a bill on professional sport governance, transforming it into a clubs' company and shifting betting rights to the FFF.

According to L'Équipe, the switch will cost the professional game about €12m to €15m per year. The league had long received 1% of stakes for giving betting firms access to its competitions, lifted to 1.3% for the season just finished.

For the incoming clubs' company, that is a straight loss at a time when TV income is in freefall.

The costs will rise further because CVC must be compensated. The fund put €1.5bn into French football in return for 13% of LFP Media revenues, a pot that included betting income. With that revenue removed, the professional game will have to make up the shortfall to CVC.

Lawmakers have also tightened betting advertising. TV and radio are now banned from airing betting spots from five minutes before a sports broadcast until five minutes after it ends.

Ligue 1+, the platform streaming L1 and L3, has relied on betting advertisers around matches, and those takings will fall under the new rules.

Source: L'Équipe