Having the likes of PSG and Monaco dropping massive amounts of cash on transfers seems to paint a rosy picture of the financial state of football in France. However, Toulouse president Olivier Sadran is predicting a “slow and disastrous death” for his club if revenues do not improve.
Toulouse have been consistently mid-table in recent years, but this consistency has not aided the financial turmoil withing the club. Sadran told La Depeche:
“Our budget is not only down, but we are also in deficit”, Sadran added. “We probably did not do any good in the league, but we had sold a lot of players this season, allowing us to have a positive financial outcome.
“I alert everyone to the fact that without the support of businesses and spectators at one time or another, the future of the club will be very complicated.
“We have young players who are very good. But there is no chance we will recruit three to five players to build.
“It is reasonable to say that we will finish between the 5th and 15th. And if anyone has any better ideas, let him come…with his chequebook!
Last season, TFC were forced to part with some of their best assets and they may be forced to do so again this summer in an effort to remain financially viable. Players like Etienne Capoue, Frank Tabanou, Aymen Abdennour, Cheikh M’Bengue, and Sereg Aurier could find themselves on the way out.
Capou and Tabanou especially are likely to command high prices. Clubs like Arsenal and Tottenham Hotspur in England could use a defensive midfielder like Capoue and pacy young wingers like Tabanou can almost always find a home. If Toulouse can manage to raise somewhere around £12 million from the sale of those two players they could find themselves on much more solid footing.