The 57-year-old wants to raise taxes for those who earn millions, but large factions of society feel that the proposal would be detrimental to sport in the country
Hollande, a member of the country's socialist party, is currently the favourite to end Nicolas Sarzoky's reign as the head of state, but due to the controversial tax measures, footballing factions are heavily against the 57-year-old's campaign.
Frederic Thiriez, the head of the professional football league (LFP), has spoken of the 'certain death of football'.
"We will return to football associations," he warned. "Killing professional football is a political choice, we must assume," he told RMC.
Bernard Laporte, the coach of Rugby side Toulon and a former secretary of state for sport believes the new measures could be detrimental to Ligue 1's chances of attracting top players.
"There will no longer be a player who comes to the French league, it's obvious," said Laporte, who served under Sarkozy.
However, Jean-Marie Le Guen, a member of parliament for the socialist party feels it will curb the excesses within the sport - excesses that are throughout society.
"The footballing economy has an irresponsible character very similar to the financial market. As well as what Francois Hollande proposes, I think that it's time to wake up."
The first round of voting in the French presidential election occurs on April 22, before the second round on May 6.