May 19 – The embattled French Football Federation (FFF) will downsize operations by letting 26 employees go in a bid to tackle a projected deficit for the 2020/21 season.
The French governing body is forecasting revenues of €244.2 million for next season, a drop from €265 million in the 2018/19 season, but still higher than €236 million from the 2017/28 season when France won the World Cup, but even so the FFF will release dozens of employees this summer according to Le Monde.
“The FFF is financially sound,” said new general treasurer Philippe Diallo on May 6 during an executive committee, but the organisation still projects a loss of €5.7 million and wants to partially offset those losses with a plan for voluntary departures or layoffs that would save around two million euros. In June 2020, the FFF had 327 employees with 8% of the workforce now facing the prospect of being out of their job soon.
On Thursday, the FFF’s executive committee will meet again. Last March, Noel Le Graet was re-elected French football chief for another four years after a landslide victory in presidential election, defeating candidates Frederic Thiriez and Michel Moulin. He took 73% of the vote, but his presidency has been marred by scandals.
Contact the writer of this story, Samindra Kunti, at moc.l1741559422labto1741559422ofdlr1741559422owedi1741559422sni@o1741559422fni1741559422