French League to take out loan due to coronavirus pandemic

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The French League (LFP) will take out a state guaranteed loan to pay clubs in its top two tiers the money they would have received from television ...

The French League will take out a state guaranteed loan to pay clubs in its top two tiers the money they would have received from television broadcasts if the season had not been abandoned due to the COVID-19 pandemic, it said on Monday.

The LFP decided to end the 2019-20 season on Thursday, with Paris St Germain being awarded the Ligue 1 title and Lorient crowned Ligue 2 champions.PSG had a comfortable 12-point lead over second-placed Olympique de Marseille when professional soccer was suspended in March with 10 games left, as part of the French government's measures to contain the spread of the novel coronavirus.

"Thanks to this loan, the LFP will be able to pay Ligue 1 and Ligue 2 clubs all of the sums still to be collected for audiovisual rights for the 2019/2020 season.

 

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