Despite the health crisis, which has hit French clubs hard, investment funds are said to be interested in buying small clubs.
In great difficulty, due to the consequences of Covid-19 and then the Mediapro disaster, will French clubs be saved from the waters by investment funds? In League 1, only the Losc and the Girondins of Bordeaux are held by funds: Merlyn Partners, a fund based in Luxembourg and which bought the northern club from an indebted Gérard Lopez, and the New York entity King Street, which has completely abandoned the management of the Aquitaine club.
“The crisis creates opportunities”
However, investors are interested in French clubs, much cheaper than those in England. This is the subject of an article by Echoes. ” Funds ask us about how to invest since the Mediapro scandal, the crisis creates opportunities, but beware of fantasies », Says Nicolas Blanc, founder of Sport Value, intermediary in financing for French clubs.
Another speaker, Mark Wyatt, Head of KPMG Corporate Finance, confirms: “ In recent weeks, we have been receiving a lot of incoming calls from American investors looking for targets in France and Europe. Despite the Covid and an unprecedented economic situation, these clubs will not disappear like any industrial company “.
When investment funds come to hunt on soccer fields https://t.co/em59NdqowS
– Les Echos (@LesEchos) December 29, 2020
Despite these two testimonies, we are still far from seeing investment funds invest en masse in Ligue 1 clubs and buy the most popular teams. As a reminder, PSG is held by Qatar, OM by an American businessman (Frank McCourt), AS Monaco by a Russian oligarch (Dmitry Rybolovlev), OGC Nice by one of the biggest fortunes in the Kingdom. -Uni (Jim Ratcliffe) and OL by a local industrialist (Jean-Michel Aulas) supported by a Chinese fund.
Caen and Toulouse bought back… 20 M €
Ligue 2 clubs may be more targeted by these potential investors. Recently, SM Caen was bought by Oaktree and Toulouse FC by Redbird, two American funds which have invested only 20 million euros and which dream of profiting from it in a few years in the event of a rise in the elite. A Ligue 1 which is however so unattractive compared to the Premier League and the Bundesliga, where the raw material – football – is a real priority.
The daily eco, however, concludes its article by recalling that a European Superleague could reduce the value of national championships. ” In the end, in light of the health crisis, it might one day prove to be safer for investors to invest in e-football clubs and online broadcasting. », Writes The echoes.
Mbappé humiliates vacationers (video)
PSG, a golden bridge offered to Pochettino
Tuchel, why have we come to this?