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The Man Who Put French Soccer at Risk Says It’s Not His Fault

The Man Who Put French Soccer at Risk Says It’s Not His Fault

The New York Times
Monday, October 04, 2021 09:37:53 PM UTC

When Jaume Roures and Mediapro walked away from a billion-dollar TV contract, Ligue 1 teams felt the squeeze. But he says they have a bigger problem.

Sitting alone on a long table inside a committee room deep inside France’s national assembly, the Spanish businessman tried to explain why things had gone wrong, so very wrong.

The businessman, Jaume Roures, the founder of a sprawling media company, was the latest figure — and perhaps the most significant — to be quizzed by lawmakers looking to understand why professional soccer in France had been brought to the edge of economic catastrophe by the collapse of a broadcasting contract. The deal, hailed as a financial game-changer when it was signed in 2018, was sold as one that would drastically shift the prospects of France’s top teams, moving them closer to their rivals in Spain and Italy, and perhaps even those in England’s Premier League, the world’s dominant domestic championship.

Instead, the $1 billion contract with Mediapro, Roures’s Chinese-backed company, collapsed shortly after it had come into force in 2020. Roures suspended payments, calling for a renegotiation in light of the financial impact of the coronavirus pandemic. The league disagreed, and Roures, unable to agree to new terms, pulled the plug and left France, a country where he once sought sanctuary after fighting against the dictatorship in his native Spain.

Read full story on The New York Times
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