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Fraud inspectors raid Federation and League offices
France - 25 February, 2005
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The Finance Ministry inspectors have raided offices belonging to the French Football Federation (FFF), the League (LFP) and five clubs as part of a wide-ranging investigation into suspected financial irregularities. A total of 19 French clubs, television channels and football bodies were raided by inspectors looking for documents relating to the negotiation of advertising and television rights deals. The five Ligue 1 clubs raided were Paris St Germain, Olympique Marseille, Lens, Bordeaux and reigning champions Olympique Lyon, who were the five members of the now-disbanded Club Europe launched by television channel Canal Plus in 2001. Through Club Europe, the channel paid €250m to the five clubs in order to obtain exclusive broadcasting rights. However, following protests by Canal Plus shareholders, the payments stopped and Club Europe was dismantled last year.
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