The ax fell. Elan Béarnais is definitively relegated to National. The DNCCG, the financial policeman of French basketball, has just announced the bad news. “The Superior Management Council […] decided to confirm its decision to refuse the commitment of the club ELAN BEARNAIS PAU LACQ ORTHEZ in the French Championship of Betclic ELITE and PRO B for the season 2022-2023“Can we read in the press release sent on Monday evening. Decision linked to finances that are too uncertain and a deficit of one million euros. An appeal of this decision to the Federal Appeals Chamber is still possible. within ten days.
Embarrassing Accounts
The CSG group transmitted a document which would have been presented this Monday to the DNCCG. You can find the list of companies to which Americans owe money. For example, it is written thatthey owe 58,200€ to SNCF Voyageurs, and in comment: “SNCF will survive”.
CSG has never paid the city of Pau
At the start of last season, the club was bought by the American group CSG. A snapping takeover, the NBA pros in Béarn; before the story turns into a nightmare. Sportingly, the season has put stars in our eyes. However, we learn that players were paid late in May. And in the process, we also discover that CSG did not pay the city of Pau for the takeover. A hole of €800,000.
On June 23, the DNCCG sanctioned the Elan and relegated it to National. A blow for all those who love the club. We could have expected a start from the American group. No reaction. The supporters had gathered on a Monday at the end of the day before a municipal council, in front of the town hall of Pau.