The accounts of Olympique de Marseille are (once again) in the red. With the non-qualification in the Champions League and the significant investments made in the transfer market last summer, the Marseille club finds itself in the crosshairs of the DNCG, the financial policeman of French football.
Faced with this complicated financial situation, OM will be forced to sell major players during the upcoming summer transfer window. Frank McCourt could also put his hand in his pocket to balance the books, as he has been doing for several years. Which is seriously starting to annoy him.
It must be said that since his purchase of the club ten years ago, the American businessman has injected nearly 700 million, according to estimates reported by Provence. Anxious to reduce his losses, Frank McCourt is reportedly looking for a new investor. He also does not rule out a sale, but not at any price.
“McCourt has invested a colossal sum in this club”
According to a businessman close to the McCourt clan cited by the regional daily, the former owner of the Dodgers would have set the sale price at one billion euros. “A sale? I don’t think Frank would even consider anything less than a billion. It is his assessment of the value of OM that poses a problem. He invested a colossal sum in this club. More than he should have “, he whispered. Note that no proposal of this order has, for the moment, arrived on Frank McCourt’s desk.
Always according to Provencethe American would be “ stunned by the economic management of the Longoria era »reports several sources at the club. Therefore, OM would have enlisted the services of a specialist in financial advice, the firm Tifosy Capital & Advisory, to establish a clear report on the financial situation of the club.
