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PSG's Qatari Power Broker Divides Football With Last-Minute Deal.

Authors :
Hellier, David
Orihuela, Rodrigo
Source :
Bloomberg.com; 8/5/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

An 11th-hour broadcasting deal has been struck to secure the finances of France's top football clubs. Nasser Al-Khelaifi, president of Paris Saint-Germain FC, convinced billionaire Len Blavatnik to increase an offer to show French Ligue 1 games on his sports streaming platform Dazn Group Ltd. Without this deal, no games would have been shown in France, potentially leading to bankruptcy for some smaller clubs. However, the deal has caused division among Ligue 1 owners, with some questioning Al-Khelaifi's methods and potential conflicts of interest. The deal is seen as a relief for the Ligue de Football Professionnel after previous failed negotiations. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
178831181