Le Havre set to meet with DNCG on Friday morning
Today at 06:49 AM
According to a report by L'Équipe, Le Havre AC will meet with the French financial watchdog, the DNCG, on Friday morning for their midseason review. The French outlet writes that the oldest club in France has been experiencing tight finances and was forced to limit its payroll in June.
Le Havre were one of the four teams in Ligue 1 (Stade de Reims, Montpellier HSC, and Angers SCO) that did not spend a single euro on transfer fees during the summer window. They were also able to part with their highest earner Mohamed Bayo (26) who was on €100,000 per month as he returned to his parent club Lille OSC. Furthermore, André Ayew (34) agreed to extend his stay in the north on a reduced salary.
However, a drop in income due to the reduced television rights money leading to an austere transfer window across the league meant they were unable to sell some of their key players for the prices they were hoping for. L'Équipe also writes that Le Havre is in conflict with the league over the amount they have received from CVC.
The French outlet suspects that Le Club Doyen has a deficit of around €10 million and could be asked to reinject equity by the DNCG at the Friday meeting.
