Showing posts with label Jean-Etienne Amaury. Show all posts
Showing posts with label Jean-Etienne Amaury. Show all posts

Tuesday, 4 July 2023

Book review: Le Fric: Family, Power, and Money: the Business of the Tour de France - Alex Duff

This isn't a newly released book, given that it went on general sale last year. I finally got around to reading it at the beginning of this year as part of my research prior to doing an interview with members of the Amaury family. 

They are the top brass behind the Tour de France, plus other well known names in sport - the (Paris) Dakar Rally, Paris Marathon, L'Equipe newspaper, as well as other well-known cycle races such as Paris-Roubaix and Paris-Nice.

I had previously interviewed the then CEO, Marie-Odile Amaury for Cyclist magazine. This year I interviewed her children, Aurore and Jean-Etienne, who have since taken over the reins at the head of the family business, for Rouleur magazine. The feature article is now out in the current issue of the magazine (Issue 120). 

Alex Duff is a writer and journalist specialising in sport, and this is his second book, the first one being about the business side of football. Le Fric looks at the business end of the world's most famous cycle race for the main part, and therefore includes the story behind the Amaurys - the A in ASO, organisers of some of the most iconic sports events. 

The book traces the early days of the the publishing and printing business started by Emilien Amaury after the second world war, how the Tour de France was incorporated into the business, along with other pivotal moments - the printing strike at L'Equipe, a dispute over the family inheritance, the globalisation of the Tour de France, plus attempts by third parties to acquire the event. It also talks about other business interests, mainly other (former) publications such as Les Echos and Le Parisien newspapers. 

All this is told across the timeline of big sporting moments in the race - the Greg Lemond vs Laurent Fignon 8-second margin, the Women's Tour de France in the 1980s, the Lance Armstrong doping scandal, the emergence of British cycle racers as a dominant force, including the first Brit to win La Grande Boucle, Bradley Wiggins. 

Duff also describes how the business of the Tour de France is run, or at least how he interprets it. The book portrays the running of the Tour as being a parochial family business, with the executives having a hotline to the French government, given that this huge summer sporting event is an integral part of French society and culture. 

He is not very flattering towards the family, portraying Marie-Odile as a tough cookie who is totally intransigent in her discussions with cycling team managers. He also describes Jean-Etienne as looking like "a choirboy reading from a church lectern" when he gives his annual speech during the presentation of the Tour de France route.

Overall, it is an interesting read, regardless of whether you are a cycle racing aficionado. It would be of interest tovthose who are interested in how sport works, as well as the life stories of the Amaury family, and key players in professional cycle racing. There's quite a detailed account on EF Education Easypost team manager, Jonathan Vaughters, as well as stories on the racing and managerial career of Groupama-FDJ's Marc Madiot.

Ironically, for a family so heavily involved in media, they are pretty media shy. They hardly ever give interviews. Their executive assistant told me that she turns away practically every bid from journalists. So I feel fortunate to have had the opportunity to speak to Marie-Odile, Aurore and Jean-Etienne Amaury, and I note that they were very pleasant, amenable and open during the interviews.

When I spoke of Alex Duff's book to them Jean-Etienne was not too pleased about the uncharitable way they had been portrayed, and said that there were sections that weren't true either. They preferred not to ignore the book.

I like how the book makes for an interesting tour around the workings of past and present  professional cycle racing, and I did enjoy some of the anecdotes, particularly on people that I see today. But it seems that there may need to be a pinch of salt taken when reading the stories. 


Related posts 

Excitement at the reborn Women's Tour de France 

Book review: Where there's a will - Emily Chappell

Catching up with Groupama-FDJ

Saturday, 1 July 2023

As featured in Rouleur magazine: Groupe Amaury

As with most cycling magazines during the month July, Rouleur (issue 120) has dedicated its issue to the Tour de France.

I am very happy to have my interview article on the Amaury Group featured. Groupe Amaury (as the French company is officially known) is the family-run parent company of Amaury Sports Organisation, the organisers of Tour de France and many other large-scale cycle races and sports events. 


The interview was with the joint Chief Executive Officers, siblings Jean-Etienne and Aurore Amaury. I had the pleasure of going to the ASO offices on the edge of Paris to meet them, earlier this year.

My visit took me to a four-storey glassy building at Boulogne-Billancourt overlooking the river Seine close to the Ile Saint Germain, and I got there quite easily by taking the metro from the Eurostar terminal at Gare du Nord, out to Marcel Sembat metro station. This was where the two main entities of Groupe Amaury, ASO and Equipe Media are housed.

On my arrival I was met in the buzzing reception by Lara, the executive assistant to the Jean-Etienne, Aurore, and their mother, Marie-Odile, who is still president of the organisation. I interviewed each of the siblings in turn in a meeting room on the top floor of the building. Apart from when Jean-Etienne greeted me in English (a language he speaks fluently after having studied in California, and previously worked for Bloomberg in London) all interviews were conducted in French.


Both Jean-Etienne and Aurore were friendly and amenable, and I was particularly appreciative of Jean-Etienne giving an hour of his time for the interview. Bear in mind that the Amaury family do not normally speak to the media, and hardly ever give interviews. I was therefore honoured to have had the opportunity to speak to the siblings (and also Marie-Odile a couple of years ago for another cycling publication). 

Jean-Etienne heads up ASO, whose principle activity is sports events. So it was also good to talk to him not just about the Tour de France but also other events that I had taken part in - the Etape du Tour, Paris Marathon, and the Paris Triathlon.

Aurore is the president of Equipe Media, which includes the daily sports newspaper and magazine, the television channel, and the website. They also sponsor awards, notably the Ballon d'Or football event. She was quite excited about the build-up to the Paris Olympics, which will be a big event for the organisation. After the interviews I was then shown around the television studios. Interestingly, for all of the company's heritage in cycling, the highest viewing figures don't come from watching the pro peloton. Cycling comes third behind football and biathlon (cross country skiing and rifle shooting).


Through my interviews I got a good idea of the family and how they tick. They seemed very down-to-earth and don't have any particular airs and graces. They are proud to be part of an event that is at the heart of French culture - the Tour de France. Sport is a very important part of their lives, and their mission is to make it available on a professional as well as mass participation scale. So it is unlikely that they would be selling any of their brands any time soon, despite different approaches to buy the Tour de France at different moments in history. 

I am happy with the finished result of the article and the way it looks, especially with the photographs taken of them by James Startt.

After my morning spent at ASO/Equipe Media I then went on a walk around the pleasant park on the Ile Saint-Germain, and on to Issy les Moulineaux, passing through the undulating Jardin Delphine Boulay from where there were impressive views of the Eiffel Tower. 

Then it was a case of catching the Metro into central Paris where I enjoyed a late lunch before returning to London.  









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