French Soccer League Offices Raided Amid Corruption Probe
Investigators search Ligue de Football Professionnel and CVC Capital offices over allegations of embezzlement and corruption.
- 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.