Clubs Set to Miss Out on Millions as French Football Broadcaster Cancels Contract

The news that every club in France has dreaded will reportedly come to fruition.

According to L’Equipe, Canal Plus has terminated its broadcasting contract for Ligue 1 and Ligue 2 after the cancelation of the 2019-20 season.

This represents a loss of millions for the leagues and French teams. Combined with beIN Sports, the other broadcaster of French football, the two broadcasters were expected to pay an additional €243 million by the end of the season but that obviously won’t be happening now.

Paris Saint-Germain was already expecting “colossal losses” due to the coronavirus crisis and this will only exacerbate the problem.

The newly crowned French champions may be able to keep their head above water thanks to their wealthy owners, but many clubs in Ligue 1 and especially Ligue 2 will no doubt need government assistance to avoid bankruptcy.

The report from the French publication indicated that Canal Plus remains committed to the 2020-21 season and would like to start as soon as possible, which could be in August. If that timetable holds, it could be a rough summer for many French teams.

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Tags coronavirus Ligue 1 Ligue 2 media