French football clubs are to go on strike on a weekend at the end of November in protest at government plans for a 75% tax on income exceeding €1m (£850,000) a year.

The strike will affect matches in Ligue 1 and 2 - the top two divisions - from 29 November to 2 December.

Plans for the tax were redrafted earlier this year, after France's top court ruled the original proposals unconstitutional, and the tax is now to be paid by companies, rather than by the individuals earning high salaries.

French football bosses have estimated the tax would cost Ligue 1 clubs €44m (£37m) in the two years it would be in place, and claim it would spark an exodus of top players to rival leagues abroad, killing the domestic game.>

French champions Paris St-Germain, who are backed by Qatar investors, will be hardest hit by the new super tax, with 21 salaries over €1m (£850,000), including the Swedish striker Zlatan Ibrahimovic, currently the highest paid player in French football.

Jean-Pierre Louvel, president of the Union of Professional Football Clubs (UCPF), said: 'It's a historic moment for French football. We're talking about the death of French football.'

The UCPF says that payroll taxes paid by French clubs were already the highest in Europe and that players' wages cost a third more than in Germany, England, Spain or Italy. Ligue 1 clubs combined registered a loss of €108m (£92m) at the end of the 2011-12 season.

The issue will be debated in parliament, and French president Francois Hollande will meet representatives of the French clubs next week to discuss the issue.