CAF cancels 12-year rights agreement with French conglomerate
7 November 2019
In the midst of an ongoing investigation into the deal between CAF and Lagardère Sports, the African football federation has cancelled the deal.
Lagardère contests this decision, which the company thinks is "unlawful, unreasonable and unjustified."
The Confederation of African Football (CAF) has informed Lagardère Sports, a French media conglomerate, of its decision to cancel the 12-year agreement between the parties with immediate effect.
Lagardère "strongly" contests this decision, which is "unlawful, unreasonable and unjustified," according to the company's statement.
There is no reason to cancel the agreement at this stage
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