L1: the alarmist speech of the DNCG

In an interview with L’Equipe, the president of the National Management Control Department (DNCG), Jean-Marc Mickeler, spoke about the worrying financial situation of French clubs. And is very worried about the future of some clubs.

“There is a billion euros in debt on the clubs. This means that most will need to generate active trading in the years to come to get by. For the 2021-2022 season, we have a forecast of losses before transfers of more than 1.3 billion euros. The clubs plan to make 850 million euros in capital gains on transfers. This is a totally unrealistic amount “, assures the boss of the financial policeman of French football .

“We cannot exclude, at the end of the season, bankruptcy filings. Because with 1 billion in debts, zero equity, an operation that generates more than 1 billion in losses, there are no longer any financial institutions. or funds that will agree to finance French football “, warns Mickeler, who wishes in particular to limit to 25 the number of players not trained at the club under contract and the establishment of a salary-cap to reduce the payroll of the formations of the elite.

Read 9.478 times – by Romain Rigaux on 07/14/2021 at 10:01 p.m.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *