The danger of administrative relegation is growing for Élan Béarnais

The president of CSG, David Otto, did not reassure about the future of the Élan béarnais in Betclic ELITE.

Will the Élan béarnais be able to preserve its place in the National Basketball League (LNB) in 2022-2023 or will it have to go down to the amateur level? The founder of Counterpoint Sports Group (CSG), David Otto, is currently in Pau in order to absorb part of the club’s deficit and thus be able to receive the approval of the National Directorate of Consulting and Management Control (DNCCG) to re-engage in Betclic ELITE. This deficit, which is announced at three million euros by The Republic of the Pyrenees, is limited to only one million by David Otto. The latter held a press conference on Friday. During this, it was explained that the CSG had still not paid the 800,000 euros planned for the takeover of the club from the town hall of Pau. ” We don’t agree on the terms of the deal“, simply announced the businessman (via France Bleu Béarn) who appealed to partners and minority shareholders to save the club’s place in the first division. ” On a need for community participation“, admits David Otto, even if this one does not seem to trust him.

Ten days after passing before the DNCCG, the EBPLO will receive the opinion of the financial policeman. His passage leaves perhaps no doubt: an administrative demotion will be pronounced. However, the club can appeal. But will he be able to find sufficient funds in the coming weeks to save the club’s place at a high level?

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June 20, 2022 at 10:04 am

Will the Élan béarnais be able to preserve its place in the National Basketball League (LNB) in 2022-2023 or will it have to go down to the amateur level? The founder of Counterpoint Sports Group (CSG), David Otto, is currently in Pau in order to absorb part of the club’s deficit and thus be able to receive the approval of the Direction Nationale du Conseil and of…

Who wrote this paper?

Gabriel Pantel Jouve

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