Ligue 1 cancellation to set French top-flight clubs back by €200 million

shock anuncement that read "Ligue 1 cancelled" on April 28 sent football fans across France into meltdown. primary reason for Ligue 1 cancelled was outbreak of coronavirus in France. However, with Ligue 1 cancelled, decision is likely to have a collateral impact on Ligue 1 finances as French top flight is expected to lose out on nearly €200 million in TV revenue.

ALSO READ: Cristia Ronaldo, Lionel Messi Longer MVPs As Premier League Stars Dominate Top 10

Ligue 1 cancelled: Ligue 1 finances to take a hit 

On Tuesday, France Prime Minister Edouard Philippe anunced that  sporting events will take place in country at least until September, due to COVID-19 plague. This effectively led to a confirmation of  Ligue 1 cancelled reports with chance of hosting games behind closed doors. Ligue 1 cancellation, however, will likely lead to an unprecedented impact on Ligue 1 finances.

ALSO READ: LaLiga players Allowed To Commence individual Training From May 4 Onwards: Report

Ligue 1 cancelled: French top division to lose out on €200m

According to reports from Italian newspaper Calcio e Finanza, calculations of Ligue 1 finances were done at time when Ligue 1 cancelled news broke earlier in March. Although Ligue 1 finances are relatively minimal in comparison to or top Leagues in Europe, French top division is still set for a staggering €200 million jolt. Clubs in France will w have to survive without revenue of TV income.

BeIN Sports immediately froze payments to teams when Ligue 1 season was suspended. Ligue 1 defending champions Paris Saint-Germain earned €56.82 million in TV rights during 2018-19 season but surprisingly,  Huddersfield Town, who finished last on Premier League table earned nearly double of PSG's revenue through TV sponsorship, raking in €109.7 million last season. 

ALSO READ: Tottenham Named Premier League's Most Valuable Club Ahead Of Liverpool, Man City: Report

PSG and Neymar to be crowned Ligue 1 champions?

governing body of domestic football leagues in France, Ligue de Football Professionnel (LFP) had initially anunced a resumption of Ligue 1 by June 17 with full training to resume in mid-May. However, Prime Minister's decision to cancel all sporting events reportedly took  LFP by surprise. PSG was at summit of Ligue 1 table when coronavirus suspended football in France; 12 points ahead of Marseille in 2nd place with one game remaining.  However, a decision will be made on April 30 to decide wher PSG will be awarded ir ninth Ligue 1 title.

ALSO READ: Barcelona Deny Contact From Mike Tyson's company Swissx Over Camp u Naming Rights deal