FC Sochaux-Montbéliard in a Race Against Time for Survival: Chinese Owner Sets 48-Hour Deadline to Find Buyer

FC Sochaux-Montbéliard is currently in a race against time to ensure its survival. Nenking, the Chinese group that owns the Franche-Comté club, announced on Monday that it would leave 48 hours to find a potential buyer, who must be ready to quickly put 12 million euros on the table, the sum requested by the DNCG to ensure the maintenance of the FCSM in Ligue 2.

Monday, Frankie Yau, the president of Sochaux, indicated that he was in advanced discussions with two European candidates interested in buying the club. As revealed by RMC, one of these potential buyers is French, but it is not Romain Peugeot, contrary to what was indicated by a rumor relayed on social networks.

However, this 33-year-old financier feels very concerned by the situation of FC Sochaux, an institution of French football that his great-grandfather, Jean-Pierre Peugeot, had founded in 1928, and that he himself tried, in vain, to buy back in 2015. Warned last Saturday that the club was on sale, Romain Peugeot has since struggled to find partners who would be ready to invest in the acquisition of FCSM, because he does not have equity capital of the sum of 12 million euros.

An approach that does not involve the Peugeot family

“As a lover of the club, I have been doing everything for a few days to try to find solutions so that it survives, he told us. I won’t be able to do it alone, so I’m looking for investors, French or foreign, who might be able to support me in a takeover project. If I had had two months ahead of me, I would have been more confident, but the deadline is really tight. It is not in five days that such a financing project is generally set up… Every hour counts. Romain Peugeot also specifies that this personal approach in no way involves the rest of his family.

2023-07-18 13:38:22
#Romain #Peugeot #seeks #investors #Sochaux

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