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Wednesday briefing: Investigation into LFP and CVC Capital over alleged misappropriation of funds

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According to Reuters, financial investigators conducted searches at the offices of France's Professional Football League LFP and the private equity fund CVC Capital Partners on Tuesday.

This action follows an allegation of misappropriation of public funds and is part of an investigation that began on July 16, 2024, involving charges of embezzlement, bribery, and illegal taking of interest.

The investigation was prompted by a complaint from the 'AC!' association, which alleged mi

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