The house of the President of the LFP and the headquarters of Ligue 1 and the Central Exhibition Complex are being searched | Relief

A big storm is brewing in French football. According to L’Equipe, The French National Financial Prosecutor’s Office launched a raid on the LFP headquarters this morning after a complaint from the Anti-Corruption Association.

The same media reports that a few days after the publication of the French Senate report on the interference of investment funds (CVC) in French football, the National Financial Prosecutor’s Office (PNF) changed the course of the investigation.

As they explain, the conditions in within the framework of which an agreement was concluded with the investment fund CVC to acquire 13% of the capital of Ligue 1 in exchange for 1.5 billion euros.. This investigation began last July over allegations of embezzlement of public funds, active and passive corruption of government officials and misappropriation of interest, French media explained.

In addition to the LFP headquarters, Investigations were also carried out at the home of Vincent Labrune, its president, and at the headquarters of the CVC Foundation offices.one of the main ones being studied.

What is being studied?

According to French media, deal concluded between CVC and LFP in which the banks and lawyers who advised the French company will earn money for this work. And they give data: the planned amount was 37.5 million euros, 12 million for each bank, five million for a law firm and 8.5 million for the management of Ligue 1 persons responsible for the transaction. The problem is that President Vincent Labrune kept most of this money for himself.

And L’Equipo explains literally: “The President of LFP, who selected the mentioned bankers and lawyers, He also forced his board of directors to vote on a very significant increase in his salary.

the senators noted in their report. He was contacted by Christoph Ingrain, a lawyer for LFP, who did not want to comment,” which is why there is talk of influence peddling.