Paris Saint Germain and Emirates Airlines announced on Friday that they were extending their sponsoring partnership for five more years, without revealing the amount. «Fly Emirates» will continue to grace PSG jerseys for the next five years. “ All I can say is that it is a three-figure number, not a four-figure number, which means it is somewhere between 100 and 999 million euros” joked Thierry Antinori, Emirates Airlines’ vice-president, during a press conference. Continue reading
A Public-Private Partnership (PPP) is a government service or private business venture which is funded and operated through a partnership of government (or municipalities) and one or more private sector companies. There are three concession and construction companies in France able to build project of the magnitude of a 60 000-seat football stadium: Bouygues, Vinci and Eiffage. Various cities in France ( Lille, Saint-Etienne, Bordeaux, Nice or Marseille) have recently signed an agreement with one of these enterprises in order to build new stadiums for the Euro 2016 in France. From an electoral point of view, it gives the impression of asking less to taxpayers. However, cities that use this type of partnerships are facing huge overrun costs. Continue reading
Before tonight’s Champions League return game between FC Barcelona and PSG in Spain ( 2-2 in Paris), here are some graphs comparing the two clubs financial situation. Which player in each squad has the highest market value? Which club earned most revenues last year? What are their budgets? Here are the answers. Continue reading
Pierre Moscovici, French Minister of Economy and Finance confirmed what French football clubs feared the most : the 75% tax will be applied to them, like all companies paying salaries over a million Euro per year to their employees.
French sport newspaper L’Équipe revealed in mid-march that the French Professional Football League ( Ligue de Football Professionnel – LFP) required Ligue 2 club AS Monaco to install its headquarters in France by June 1st 2014 in order for the club to be in accordance with new LFP regulations. LFP announced on Thursday March 22nd, during a board of directors’ meeting, that from 2014 on, only “clubs which have their effective headquarters registered in France” will be eligible to participate in Ligue 1 and Ligue 2, the two French professional championships. Continue reading
On Tuesday, France Football magazine released its annual list of highest paid players in world football. Beckham (1st) surpasses Messi (2nd) for the year 2012, the Argentinian finished on top of the list the last three years. Portuguese forward Cristiano Ronaldo ( 3rd) completes the podium. Continue reading