French Sports Code

The professional league may, for the marketing and management of the audiovisual exploitation rights assigned to the sports companies, create a commercial company subject to the French Commercial Code, subject to the agreement of the delegating sports federation that created the professional league. The audiovisual exploitation rights assigned to the sports companies are marketed by the commercial company created by the professional league, under conditions and within limits specified by…

In order to guarantee the general interest and the principles of unity and solidarity between professional and amateur activities, the income from the marketing by the league or, where applicable, by the commercial company mentioned in the first paragraph of article L. 333-2-1 of the companies’ exploitation rights is divided between the federation, the league, the companies and, where applicable, the commercial company mentioned in the same first paragraph. The…

Sports federations, sports companies and the organisers of sports events may not, in their capacity as holders of the exploitation rights, impose on sportsmen and women taking part in an event or competition any obligation that infringes their freedom of expression.

The increase in assets resulting, for beneficiary sports companies, from the transfer of audiovisual exploitation rights provided for in article L. 333-1 is not taken into account when determining their taxable income for the financial year in which this transfer takes place. Expenses relating to the increase in the assets of these companies may not be deducted from their taxable income. The sale by sports federations of their audiovisual exploitation…