The DNCG confirmed Tuesday on appeal the demotion of Sochaux to National 1. But the worst is still to be feared for the FCSM.
The nightmarish end of the season for Sochaux continued into the offices of the French authorities. After concluding the exercise with a series of eight consecutive defeats, the FCSM saw the DNCG, the financial policeman of French football, confirm its administrative relegation to National 1 on Tuesday. The appeal was therefore not enough to save a hold that the players had managed to obtain, finishing ninth in Ligue 2.
Owners of the club since August 2019, investors from the Chinese group Nenking have failed to make up the forecast deficit for next season. Much to the regret of the fans. “Even before the demotion to National 1, pronounced on June 28 by the DNCG as part of the examination of its situation for the 2023-2024 season, FC Sochaux-Montbéliard applied itself to bringing together the guarantees which he missed”reacted on Twitter the doubist leaders, in a press release.
19 players sold, in vain!
“The FCSM reduced its payroll drastically and transferred players, but needed cover from its owner, the Nenking Group, to cover the forecast deficit as of June 30, 2024. In view of the situation of the real estate market which deteriorated again in the second quarter of 2023, the Nenking Group was unable to generate adequate cash to make up for the forecast deficit of FC Sochaux-Montbéliard.added the Sochaux staff.
🚨 Press release from the FCSM following the decision of the DNCG on Tuesday, July 11.
Already before the demotion to National 1 pronounced on June 28 by the DNCG as part of the examination of its situation for the 2023/2024 sports season, FC Sochaux-Montbéliard has… pic.twitter.com/RByo5eNZ6I
– FC Sochaux-Montbéliard (@FCSM_officiel) July 11, 2023
“It is therefore without this element to be provided concerning a bank transfer from China that the FCSM appeared before the DNCG of appeal. The latter confirmed her decision to demote to National 1. The management shares the pain of all the supporters and all the employees of the club, and regrets the consequences of this situation. The FCSM is now working to present a new budget allowing it to evolve into National 1 in 2023-2024. » Which would be far from certain.
If the sale of nineteen players from the workforce has made it possible to pay off a good part of the debt, which was initially 22 million euros, it will take more to allow the Cubs to maintain their professional status. Double champion of France in 1935 and 1938, and double winner of the Coupe de France in 1937 and 2007, Sochaux is actually threatened by another danger, that of a bankruptcy filing which would make it plunge into National 3. there solid buyers to avoid the worst?
