After the publication Thursday of a Mediapart survey on “The resounding bankruptcy of French football”, in which some clubs are presented as “On the verge of bankruptcy”, AS Saint-Étienne has in a press release published on Friday “Categorically” denied the information “Published by certain media concerning its financial situation, which remains stable despite the crisis, which [ses] experts can also demonstrate “.
“Erroneous and misleading interpretation”
ASSE in a press release
The club also deplores “The erroneous and misleading interpretation of confidential and anonymized documents from the Professional Football League”, in this case a simulation according to which the net deficit of Ligue 1 clubs would reach 541 M €, despite the 224.5 M € of the loan guaranteed by the State.
“This false information and the comments associated with its dissemination seriously harm the club which therefore intends, as did the LFP, to file a complaint to protect its interests, continues ASSE. In addition, in this period of unprecedented health and economic crisis, ASSE can only regret such irresponsible as inadmissible manipulations. “