French football is going through one of its worst economic crises. Ligue 1, which already took a major hit in 2020 with the collapse of the Mediapro contract, is now on the verge of collapse due to financial problems faced by its main broadcasters.
DAZN on the verge of bankruptcyDAZN, the streaming platform responsible for broadcasting eight of the nine Ligue 1 matches each week, is far from meeting expectations. According to recent reports, the platform has only managed to attract 100,000 subscribers, a far cry from the 1.5 million they had set as their goal.
BeIN Sports delays paymentsMeanwhile, BeIN Sports, which broadcasts the remaining match each week, is also causing issues. The Qatari-owned network has not made its first payment for September and has conditioned future payments on a set of conditions related to the promotion of Qatar's brand.
Consequences for Ligue 1This situation puts the economic viability of Ligue 1 in serious jeopardy. French clubs, already affected by the 2020 crisis, could suffer further financial losses if DAZN and BeIN Sports don't meet their obligations. Additionally, the TV crisis could negatively affect Ligue 1's competitiveness, as clubs would have fewer resources for signing players and improving facilities.
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