PSG once again avails itself of an ERTE for its employees

PSG once again avails itself of an ERTE for its employees

League 1 The Ligue 1 champion also suffers from the serious crisis of French football

PSG players hug after scoring a goal.
EFE

EFrench football goes through a delicate moment and more after the stampede of Jaume Roures, owner of Mediapro who has broken the agreement of the rights of the League 1 until 2024 for 800 million per year after not paying the first two terms of the contract: 172.3 million on October 5, and 152.5 million on December 5. Mediapro paid 100 million for the broadcast matches.

Thus, practically all the clubs in Ligue 1 take part in the state aid to stop the impact, including the PSG, waiting to find another operator to take over the rights and help the clubs. Canal Plus He is the one who now negotiates with Ligue 1.

Since last March, PSG has been able to welcome the ‘partial unemployment’, Decree law in the style of ERTE that the government approved whereby the club only pays a minimum part of the salary of its employees. According to advance France Blue Paris, the club has been caught again in this month of January to this extent that now splashes 400 employees of the 700 and that does not include the players of the first team. According to this medium, employees take advantage of this ERTE on one day or several per week.

Own Keylor Navas made it clear a few days ago that this measure does not affect them at the moment. “There was a pay drop last year. We are aware of the situation, but so far they have not told us anything”, commented the doorman. For PSG, it is undoubtedly a great obstacle to face a staff with very high salaries, because the cost is much higher due to social charges, much higher compared to other countries such as Spain or England.

In the case of PSG, the amount that the club pays annually to the State for social contributions from the salary mass of its players is more than 70 million euros. According to the entity, it is an amount that exceeds what a club of the greats pay together in Spain, Italy and Germany.

At Park of the Princes, when it has been discussed before the UEFA the matter of complying with the Financial Fair Play, This disadvantage has been put on the table compared to the other Leagues.

PSG has already announced some 124 million losses for the pandemic. The fact that PSG depends on a state with resources such as Qatar does not mean that the club is safe because after the last UEFA adjustment the club has adjusted its sponsorship contracts to the demands of the club. Fair Play. And according to the reality of the market that UEFA stipulates. In fact, the club’s investment in players has been declining every year and now has to sell footballers in this winter market to enter between 40 and 50 million. PSG must comply with the norm like the rest of the clubs and must also generate its own resources outside of Qatar to comply with the Financial Fair Play.

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Travis M. Andrews
Travis M. Andrews is a features writer for The Washington Post. He joined The Post in 2016 as a reporter for Morning Mix. He was previously a travel and culture editor for Southern Living magazine, a contributing pop culture reporter for Mashable and the Week, and a contributing editor for the Syfy blog Dvice. He also has freelanced for magazines, including Esquire, GQ and Time. He is the author of the coming book "Because He's Jeff Goldblum," a semi-rumination and semi-ridiculous look at the career of the enigmatic actor and an exploration of the shifting nature of fame in the 21st century, to be published in November by Plume.