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4 weeks ago
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The petrochemical group that has owned OGC Nice since 2019 has lowered the budget of OGC Nice. A step probably prior to Ineos disengagement from the Riviera club.
Five years after acquiring theOGC NiceIneos no longer seems very motivated to continue the adventure in Ligue 1. The petrochemical group led by Jim Ratcliffe would consider separating from the Riviera club, in particular because of the regulatory constraints linked to multi-ownership imposed by UEFA, indicated these last days The Independent. Information that the president of the Aiglons did not really dispute, confiding a reduction in resources for 2024-2025.
“Yes, there will be a reduction in the OGC Nice budget for the coming seasondeclared to The Team
Jean-Pierre Rivère. It is not neutral but it is not problematic because, in any case, we had spent too much money in the wrong way in recent years… It is logical that the question of the sale of the club could arise, taking into account particularly given the recent changes of coach and sporting director that we have made at the club but I assure you that the shareholder’s objective to date is absolutely not to sell. »
Franck Haise and Florian Maurice are warned
Ineos must manage the fact of being involved in two clubs involved in the next Europa League. UEFA prohibits a shareholder, owning at least 25% in a club (Ineos holds 27.7% of shares in Manchester United and 100% in Nice), from seeing two of its acquisitions evolve in the same European competition. The situation is likely to recur and this constitutes an argument for deciding to sell the OGCN in the more or less near future. Maybe in a year.
Franck Haise and Florian Maurice, appointed this week as coach and sports director respectively from Lens and Rennes, know what to expect. They may not have complete freedom to achieve the transfer window they want.
Written by:
Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team.
 
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