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Where did it all go wrong?
Stade's James Haskell
Photo: Michael Paler |
On-field
disaster is being aped by off-field catastrophe at Stade
Francais, with the capital club currently showing an
operating loss of
€2.5m
for the 2009/10 season.
The
alarming budget shortfall has caught the ever-eager eye of
the DNACG - French rugby's financial watchdog - and Stade
Francais are one of six clubs that have been summoned to
appear before it's high council on Tuesday, according to
Midi Olympique.
Stade Francais' unfolding season of
woe
Montauban and Bourgoin are the other two Top 14
sides to have been called in, along with three others from
ProD2.
But it is
Stade's plight that will set alarm bells ringing throughout
French rugby as they one of the country's acknowledged
giants, and have long been held up as a template for
off-field expansion.
Failure to
cover the
€2.5m
debt would almost certainly result in administrative
relegation, but that is an unlikely scenario given their
resources. They can dip into their reserve fund (of €2m)
and club sponsors are expected to be able to meet the
remaining debt.
But the
mere fact they find themselves in this uncomfortable
situation is a warning to other clubs at a time when the
global financial downturn is having ramifications throughout
the sporting world.
Stade's
main problem is their ongoing battle to get their 12,000
capacity Stade Jean Bouin redeveloped. Plans have been on
the table for months now but president Max Guazzini is
pushing for the Paris council to help finance the deal and
there has also been widespread opposition from other
political groups.
Stade's
financial problems have been exacerbated by their poor
on-field performances - they are currently ninth and look
set to miss the play-offs for the first time in a decade -
and also by having to switch their Heineken Cup match
against Ulster from Brussels to Paris at 24 hours' notice
due to snow.
They may be
able to sell out the 80,000-seater Stade de France - they
play Clermont there at the weekend - but the potential loss
of further revenue next season is very real if they fail to
gain entry to the Heineken Cup. Doing so via the league -
where they must finish in the top six - now looks forlorn,
so they must try and overcome Stade Toulousain away in the
upcoming quarter-finals to keep that dream alive.
News of
their financial plight adds yet more woe to a collapsing
season; one which has seen two players (Julien Dupuy and
David Attoub) pick up massive playing bans; has witnessed
two changes of head coach and even an unseemly scrap with
the RFU over the eligibility of England flanker James
Haskell.
Top 14 Table
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Top 14 leading scorers
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Top 14 Results
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Top 14
Fixtures
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Top 14
Transfers
Only
already-relegated SCA Albi have won fewer league games than
Stade's eight, and the club was hit by further bad news
following
their weekend trouncing by Perpignan
with confirmation that winger Djibril Camara will not
play again this season (after rupturing cruciate ligaments),
while influential Argentine international Juan Manuel
Leguizamon will be out for three weeks with a sprained
knee.
Of the
other two Top 14 sides hauled before the DNACG, Bourgoin are
reportedly in position to cover their
€600,000
shortfall - thanks to the generosity of president Gaston
Maulin - but Montauban are faced with a far more daunting
task of finding €1.7m. The prospect of bankruptcy is
not being excluded at this time, while Marc Raynaud's team
remain perilously placed just three points off the drop
zone.
Meanwhile,
on the transfer front, it seems that England centre
Mathew Tait could be the latest Red Rose international
to cross 'Le Channel' with Top 14 champions Perpignan and
Heineken Cp quarter-finalists Biarritz both reportedly
interested.
The Sale
Sharks player recently said he would have no problem
crossing to play in France and the Manchester club remain
deep in the relegation mire after their 38-0 weekend
trouncing by London Irish in the Guinness Premiership.
One player
set to go the other way is Perpignan prop
Sébastien Chobet, who is out of the contract in the
summer. The 28-year-old is currently being tracked by
Northampton Saints and Saracens after being told he will no
longer be required by the Catalans following their capture
of Bourgoin's Arnaud Tchougong.
In other
transfer news Bayonne have reportedly agreed a deal
with SU Agen winger Yoan Huget (23) as a direct replacement
for Benjamin Fall - who will join Racing-Métro in the summer
- while the Basques also continue to wait on a decision by
Bourgoin fly-half Benjamin Boyet.
Fall's
long-anticipated departure has apparently stalled for the
time being after Racing baulked at Bayonne's
€500,000
transfer fee for the 21-year-old who only renewed his
contract last summer.
Veteran
Kiwi lock Mikaera
Tewhata (33) looks set to leave after entering
negotiations with ProD2 side Dax, while coach Christian
Gajan is reportedly close to a three-year deal that will
finally banish the spectre of former Albi boss Eric Béchu
joining in the close season.
Speculation
continues to swirl around the future of Montpellier's
current coaching set-up, with the Hérault club currently
languishing in 13th spot and facing up to the prospect of
relegation down to ProD2.
A last-day
winner-takes-all battle against Bourgoin looks set to bring
their season to a dramatic climax, with Montpellier
president refusing to rule out the possibility that Bourgoin
duo Eric Catinot and Xavier Pemeja could yet be in charge
for 2010/11.
One person
he has definitely said won't be joining, however, is former
Bayonne head coach Richard Dourthe.