National: the grandson of the founder of Auchan, new majority shareholder of Versailles

by time news

2023-06-04 15:22:01

“We have new partners”. Christophe Petit, one of the two shareholder presidents of Versailles (National), faithful to its discretion, had not wanted to tell us more. But for a few days, the arrival of entrepreneurs from the “north” has been mentioned around the club which has just finished 5th in the National and which was in the grip of great financial difficulties under the background of delusions of grandeur. As revealed by the Team, it is Alexandre Mulliez (37), grandson of the founder of the Auchan group, former vice-president of Auchan Retail France and director of several companies. He will be accompanied by his right-hand man Fabien Lazare.

Initially, with the help of Didier Quillot, the former director general of the LFP, Christophe Petit and Julien Ridon looked rather abroad. American investors were particularly interested in the club. But even if it is lower (around 3 million euros), they favored the offer of Alexandre Mulliez who will become majority shareholder while leaving them a place. Petit and Ridon, now minority shareholders, will remain on the board of directors.

The arrival of a new shareholder with a large financial surface should reassure the DNCG. Because with a deficit estimated at several million euros, the risk of filing for bankruptcy was very real for Versailles, which had late payments (certain salaries, the rental of the Jean-Bouin stadium or for service providers, etc.). The new shareholders will certainly have to downsize. But it will be necessary to assume the large salaries of the players who had signed for two years or more. If some are offered to other National clubs, their price makes them go back a lot…

Coach Cris is already gone

Many construction sites also start by finding a stadium to play the matches. Versailles should, in any case, not continue to Jean Bouin. The Walter Luzi stadium in Chambly is a possibility but it is still far from being done.

After the departure of Cris, whose style of play will not leave an imperishable memory to the followers of Versailles, a new coach will be quickly appointed.

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