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French Soccer League Offices Raided Amid Corruption Probe

Investigators search Ligue de Football Professionnel and CVC Capital offices over allegations of embezzlement and corruption.

Overview

  • The raids are part of an investigation by the French National Financial Prosecutor's Office into a 2022 investment deal with CVC Capital Partners.
  • The deal involved CVC acquiring a 13% stake in the LFP's media rights business for €1.5 billion, amid financial struggles post-Covid.
  • The investigation follows a complaint by the AC! Anticorruption group, alleging misappropriation of public funds.
  • Key figures, including LFP President Vincent Labrune, are being scrutinized for their roles in the distribution of a €37.5 million bonus package.
  • A recent Senate report criticized the governance of French professional football, highlighting potential conflicts of interest in the CVC deal.