We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Former Six Nations chief Morel to depart French soccer function
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Business > Former Six Nations chief Morel to depart French soccer function
Business

Former Six Nations chief Morel to depart French soccer function

By Editorial Board Published November 21, 2024 2 Min Read
Share
Former Six Nations chief Morel to depart French soccer function

A former boss of Six Nations Rugby is to step down as head of the industrial operations of French soccer’s high flight after simply two years.

His departure will come as CVC Capital Companions, the prolific sports activities investor which paid €1.5bn to purchase a 13% stake in Ligue 1’s industrial rights, seeks to exert larger management over the enterprise.

Cash newest: JD Sports activities faces wrath of shareholders

Ligue 1, which options golf equipment together with Paris Saint-Germain, FC Nantes and Toulouse, discovered itself on the centre of a media rights disaster earlier this yr.

In July, it struck a €500m broadcast take care of the streaming platform DAZN and Qatari-owned beIN – a reduction to the earlier settlement.

This month, it emerged that French monetary prosecutor had searched the places of work of the nation’s soccer league and CVC, and the house of Vincent Labrune, chairman of the industrial rights-holder.

Mr Morel’s exit from his function will not be related to that probe, sources mentioned, and he has not been accused of any wrongdoing.

Earlier than becoming a member of the Ligue 1 industrial entity, he spent almost 5 years working Six Nations Rugby, which can also be part-owned by CVC.

He additionally labored for the Nationwide Basketball Affiliation for 20 years.

CVC’s funding in French soccer was structured in three tranches between the summer season of 2022 and July this yr.

One soccer trade supply mentioned that France’s elite golf equipment had been supportive of CVC taking larger management of the game’s industrial operations within the wake of the media rights debacle.

CVC has turn into probably the most distinguished personal fairness investor in international sport, making a good-looking return from its prolonged possession of Method One motor racing.

It has since invested in cricket, tennis and volleyball, in addition to rugby.

CVC declined to touch upon Thursday night.

TAGGED:chiefFootballFrenchLeaveMorelNationsrole
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Why Ahkello Witherspoon is the ‘Yoda’ of the Rams defensive corps

Why Ahkello Witherspoon is the ‘Yoda’ of the Rams defensive corps

Sports
July 31, 2025
County leaders aiming to ease 911 dispatcher scarcity

County leaders aiming to ease 911 dispatcher scarcity

LANSING, Mich. (WLNS) – Ingham County leaders are presently discussing a attainable half-million-dollar contract to…

July 31, 2025
Authoritarian states working with out impunity to silence dissidents in UK, report finds

Authoritarian states working with out impunity to silence dissidents in UK, report finds

Authoritarian states are working with out impunity in makes an attempt to silence dissidents on…

July 31, 2025
Julia Roberts’ Greatest Hair Appears From the ’90s to Now

Julia Roberts’ Greatest Hair Appears From the ’90s to Now

It’s onerous to choose one phrase to explain Julia Roberts’ decades-long performing profession, however from…

July 30, 2025
USC trusts new energy coach Trumain Carroll to assist Trojans open and end sturdy

USC trusts new energy coach Trumain Carroll to assist Trojans open and end sturdy

Eight weeks in the past, on the primary day of USC soccer’s summer time exercise…

July 30, 2025

YOU MAY ALSO LIKE

US Federal Reserve defies calls from Donald Trump to chop rate of interest

The Federal Reserve has defied calls from US President Donald Trump for a minimize to the rate of interest by…

Business
July 30, 2025

Unique: Burwick Regulation chief reveals imaginative and prescient for New York

Burwick Regulation chief Max Burwick has revealed that college students might be handed private and non-private investments to assist them…

Crypto & Web 3
July 30, 2025

Apollo expenses in for stake in £7bn petrol retailer Motor Gasoline Group

The funding large Apollo World Administration is near snapping up a stake in Motor Gasoline Group (MFG), one in all…

Business
July 30, 2025

Over-50s financial savings account launched – must you go there?

For this week's Financial savings Information, Anna Bowes, private finance professional from The Personal Workplace, takes a have a look…

Business
July 30, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?