The LFP have narrowed down the size of the candidate pool to 4 private equity houses as they seek to conclude an agreement that will see a €2bn injection into French professional football through the creation of a commercial vehicle that these private equity firms can buy into.
The four firms are: CVC, Silver Lake, Oaktree and Hellman & Friedman, according to L’Équipe.
These firms have all made proposals of varying degrees of seriousness, valuing French football at between €9bn & €12.5bn. CVC are ready to invest €2bn, whilst Hellman and Friedman are already involved in Formula 1 and that made that particular fund interesting to the LFP because of their experience in sports.
The LFP will then seek to strike a deal in early 2022 with their preferred partner going forward.