Philippe Diallo says that despite French clubs going through an economically tough time, they have helped a lot by making significant contributions to the country
Since 2010, the image of French football on the face of the planet has continued to be affected. The catastrophic events during the 2010 World Cup in http://www.senore.com/Football-soccer/South-Africa-c757 had far-reaching consequences. If that was not enough, Samir Nasri’s moment of madness at the
Euros plus Les Bleuets partying scandal has once again shaken the very foundations of French football.
And, if the performances of French clubs on the European circuit coupled by the economic crisis they are going through are looked at, there is indeed little reason to celebrate.
A few days ago, audit firm, Ernst & Young summed up the gloomy period that a host of French clubs are experiencing right now. In the last two years, the sales profit of French clubs decreased by 3% while at the same time, that of German clubs increased by
11%.
Despite a slight increase in TV rights that helped minimise the damage, the revenue and sponsoring stats decreased by 15 and 7 percent respectively.
Despite all the financial doom and gloom, Union de Clubs Professionnels de Football (UCPF) general secretary, Philippe Diallo defended the financial sector of professional football in France by saying that that things are still doing pretty good for clubs
in the country.
“While French clubs enter recession, the pro-football sector has been doing well despite the crisis. It must be said that 44 professional clubs generate five billion euros directly and indirectly. This amount has reduced the number of professionals, and
represents 23 jobs for every professional player working in http://www.senore.com/Football-soccer/France-c2899.”
And if the number of people working in this sector is taken into account, French clubs are contributing around 622 million euros in terms of salaries throughout the country which means that despite all issues, the sector has created jobs indeed.
However, the future tax promised by French PM Francois Hollande could endanger all this. The future tax of 75% on income above 1 million euros would be detrimental to French clubs who would then struggle to get economic competitiveness.
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