The Elan Béarnais has forty-eight hours to save his skin in the elite. The DNCCG (National Directorate of Consulting and Management Control), financial watchdog of the National League (LNB) confirmed on Monday that the winner of the Coupe de France 2022, also a semi-finalist in the play-offs ten days ago , had to present financial guarantees by Thursday morning June 23 under penalty of a “non-engagement” in Betclic Elite, or an administrative demotion in the federal divisions.
“We received David Otto (the chairman of Counterpointe Sports Group, majority shareholder of the club since 2021). We asked that the net situation be at least in balance. These requests are being processed by the club “, told us Philippe Ausseur, the president of the DNCCG who follows the evolution of the file on a daily basis.
A year after being sold to CSG by the urban community of Pau, the club is posting a strong operating loss, around three million euros compared to the budget (7.8 million) presented at the start of the season. 2021-2022. Marketing revenues (partnerships), in particular, are far from the stated ambitions.
To keep the club nine times champion of France in the elite, the challenge for the majority shareholder is first to unearth a million euros before imagining a repayment of the other two million over three years via a loan. Then to ensure the good performance of the next financial year with a budget guaranteed to be balanced this time. According to people close to the case, significant progress, through a rescue plan, has been recorded in recent days. But they would remain insufficient at this time. And the clock is ticking