Romanian Football Federation asks for the national television TVR’s insolvency
The Romanian Football Federation (FRF) has filed a request in court for the insolvency of the Romanian national television TVR. The Federation also wants to get TVR to pay penalties related to the broadcasting of the national team’s matches in the qualification to the Euro 2012 campaign, according to the local Mediafax newswire.
The Football Federation has sued the Romanian Television Company (SRTV), and the court file was registered on December 30, 2015. The first court hearing will take place on February 19.
The Football Federation has asked for the payment of penalties because the Romanian Television delayed certain payments related to the broadcasting of the national team’s matches.
Romania’s national football team played those matches at home in 2010 and 2011, in the preliminaries for the Euro 2012.
Representatives of the Romanian Television and the Football Federation have talked last year several times to reach an agreement on the level of penalties, but the negotiations have failed. FRF proposed several amounts, but TVR didn’t agree with them, according to TVR sources.
However, the Romanian Television can’t enter insolvency, according to the current law. In the past years, several proposals have been made to change the current legislation so that the National Television Company could enter insolvency. However, these proposals haven’t led to any change in the law.
The Romanian Television posted losses of EUR 18 million in 2014. Its historical debt amounts to over EUR 180 million. In 2015, the Parliament dismissed the company’s board of directors and the general manager Stelian Tanase due to the poor results. However, the broadcaster’s situation hasn’t changed much in the meantime.
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Diana Mesesan, diana@romania-insider.com
