Agency’s CEO says Covid-19 is impacting value of €780m a year broadcast deal.
- Mediapro made first €172.3m rights payment back in August but has not paid 6th October instalment
- LFP refused to grant a delay in rights fee payment
- New Téléfoot network just weeks into first season as Ligue 1 and Ligue 2’s main domestic broadcaster
Mediapro chief executive Jaume Roures has revealed that the rights agency is seeking to renegotiate its broadcast partnership with French soccer’s Professional Football League (LFP).
Just months into its first season as the main domestic broadcaster for the top-flight Ligue 1 and second-tier Ligue 2, Mediapro is claiming the value of its deals is already being adversely impacted by the coronavirus pandemic.
Mediapro is paying €780 million (US$916.8 million) per season for its Ligue 1 contract and is also the lead partner alongside BeIN Sports in the €64 million (US$72.9 million) a year deal for Ligue 2 rights.
In August, Mediapro paid its first instalment of the season, worth €172.3 million (US$200.5 million), but Roures has now confirmed to L’Équipe that his company will not make its second payment, which was due on 5th October, and that it is looking to reduce its contribution.
“We have asked to speak about our contract this season because of Covid-19,” said Roures. “It is obvious that Covid is affecting a lot of aspects of our being able to exploit