LFP records 30% reduction in Vincent Labrune’s salary… which has tripled since he took office

by time news

2024-10-02 13:42:35

As promised, Vincent Labrune, president of the Professional Football League, and Arnaud Rouger, director general, proposed a reduction in their salary to their board of directors on Wednesday.

The board of directors of the Professional Football League, meeting on Wednesday, recorded a 30% reduction in the salary of its president, Vincent Labrune, and its general manager, Arnaud Rouger, AFP learned from a source close to the model.

“Since August, the league has been working to reduce its costs. The board of directors, this morning (Thursday), decided to reduce the salary of the body by 22.4% for the current fiscal year 2024-2025.specify the same source.

“In this situation, the League President and his general director propose to reduce their salary by 30%”he added. In office from 2020 at the head of the LFP, Vincent Labrune saw his annual salary triple, going from 400,000 euros to 1.2 million euros.

There is no end to the issue of compensation

On his re-election for the new mandate on September 10, Vincent Labrune announced his decision to reduce the amount of his annual payment, currently 1.2 million euros.

Arnaud Rouger, in a duo with Labrune from 2020, decided to comply with the salary reduction of his President – who removed his full-term compensation.

The league faces a difficult equation to solve to reduce the very significant decrease in television revenues brought by the British sports streaming platform DAZN and the Qatari channel beIN Sports for around 500 million euros annually during the period 2024-2029 .

But the LFP’s decision to reduce salary costs by 22.4% will not come with the job security plan (PSE), this source close to the Board of Directors.

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