Thursday, October 24, 2013

French Soccer Clubs to Strike Over Country’s Potential ‘Super Tax’

By Andrew Johnson

Teams in France’s top two soccer divisions will strike for an entire weekend in protest of President François Hollande’s proposed 75 percent tax. Under the proposal, companies would be liable to pay the “super tax” for employees making more than €1 million.
French soccer fans, as well as critics, of the proposed tax say it will dissuade players from playing for teams in the country. On top of that, the looming tax comes at a time in which Ligue 1, France’s top league, is facing financial problems; the BBC reports the league has lost €303 million over the last three seasons.
“There is already a deficit in our sector and now they impose a new tax,” said the president of the players union in France. “Football has a role in society and that will be affected as a consequence of these new measures.”
The tax is currently being debated in parliament. In the meantime, Hollande is set to meet with team representatives next week to discuss the proposal. Of the 20 Ligue 1 teams, one would be unaffected by the tax: AS Monaco FC, because the team is based in Monaco, not France.
Players on Ligue 1 and 2 teams will strike during games from November 29 to December 2, affecting approximately 20 games in total.
nationalreview

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