Skip to content

Enhancements Implemented by the Commission for Better Information Delivery

Former M6 chief now leading LFP Media is entitled to a substantial salary, along with a significant loyalty bonus of multiple hundred thousand euros, as long as he maintains his position.

Enhancements Implemented by the Commission for Better Information Delivery

Rewritten Article:

New boss of LFP Media bags a hefty paycheck, plus a "loyalty" bonus, as long as he stays put.

© Photo by Eric Fougere/Corbis By Kevin Comby Published on

Stepping into the hot seat as the new general director of LFP Media, Nicolas de Tavernost stands to rake in some serious coin. According to L'Equipe, de Tavernost's recent nomination by the LFP to promote French professional football comes with a pretty penny - an annual salary of €600,000. If he bails out before a year, he'll only get half of that, equating to €300,000 as a farewell gift.

Amidst France's football landscape reeling under a financial crisis, with clubs struggling to balance their books and the ongoing feud with streaming service DAZN yet unresolved, this remuneration seems to align with the pay scale set for this strategic position, responsible for selling the rights of French professional championships. Notably, his predecessor, Benjamin Morel, received the same amount during his tenure.

Will DAZN's anticipated demise, LFP's financial black hole spell doom for French football? ## Bonus loyalty perks for staying at LFP Media's helm

But Nicolas de Tavernost's bounty doesn't stop there. Along with his comfortable paycheck, he's also been treated to an annual €500,000 loyalty bonus, providing he remains unshakeable in his post as director of LFP Media. This brings his grand annual earnings to a whopping €1.1 million, hang on tight, buddy!

Originating from the CVC seed fund, this decision hasn't made many Local League 1 clubs best buddies, with Le Havre AC taking the lead in the angry mob. Despite the club asking for a chunky €7.5 million from the CVC fund, they were left red-faced and empty-handed, with the fund insisting it wasn't meant for those purposes.

Related Topics:- football- LFP

The original article can be found here.

Enrichment Data:There's no word on the annual salary or loyalty bonus of Nicolas de Tavernost as the general director of LFP Media, nor does it provide specifics about the compensation of his predecessor. However, related news does discuss scrutiny over LFP leadership salaries, but not de Tavernost's compensation specifically.

  1. The newly appointed general director of LFP Media, Nicholas de Tavernost, will earn an annual salary of €600,000, with a potential loyalty bonus of €500,000, bringing his total annual earnings to €1.1 million.
  2. In the context of France's football landscape grappling with financial crisis, de Tavernost's remuneration aligns with the pay scale set for the strategic position, responsible for selling the rights of French professional championships.
  3. De Tavernost's predecessor, Benjamin Morel, also received the same salary during his tenure at LFP Media.
  4. The generous compensation package for LFP Media's director has sparked controversy among some Local League 1 clubs, notably Le Havre AC, who were disappointed when their request for funds from the CVC seed fund was denied.
In his new role at LFP Media, the previously M6 head earns a generous salary, supplemented by a substantial 'loyalty' bonus worth hundreds of thousands of euros, contingent on his continued tenure.

Read also:

Latest

Bollywood actress Prerna Chopra, daughter of Prem Chopra and Uma Malhotra, has tied the knot with...

Unveil Prerna Chopra, daughter of Prem Chopra, radiating the same charm as leading Bollywood actresses, shielding herself from public attention, currently married to...

Bollywood actress Prerna Chopra, the youngest daughter of Prem Chopra and Uma Malhotra, has tied the knot with her husband, Sharman Joshi, a well-known actor in the Indian film industry. Known for his appearances in movies such as Rang De Basanti (2006), Golmaal (2006), Dhol (2007), Life in...