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Lyon president Jean-Michel Aulas made a good point during the protracted negotiations with Chelsea over the transfer of Michael Essien. Not only did his club not want to sell their best player to a Champions League rival, he said, but they did not need to. Part of the reason for that is down to the astute business skills of Aulas himself: the former handball player took over the club in 1987 when they were in the second division, and has ensured steady progression to their current status, as French champions for the last four years and serious contenders for the Champions League. But the other reason is that this year, all French clubs will receive a bonus payment of at least £15m, thanks to a bumper TV package from satellite broadcasters Canal Plus, who are paying £420m per season for a three-year exclusive deal to show all Ligue 1 games. “We will be getting the same sort of money that teams like Arsenal and Manchester United have been getting for years,” said Aulas. “What it means is that we will be able to further develop the stadium and our academy and our training-centre, and we will be able to afford more players. We now have the means to escape from the traditional financial crises that hit French clubs.” From WSC 223 September 2005. What was happening this month On the subject...
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