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LOSC. ended its season with a nice profit

Thanks to rigorous management and sporting competitiveness, Olivier Létang’s LOSC has paid off all its debts.

There is no official trace of this yet, neither in the data filed with the Commercial Court, nor from the DNCG which will communicate much later, next spring. However, the newspaper The Team wrote in its edition this Friday, ahead of the return of Ligue 1 and the opposition of AS Monaco and LOSC, that the northern club completed, as of June 30, a third consecutive profitable financial year.

€25 million net profits for LOSC in 2024

The sports daily puts forward the figure of 25 million euros corresponding to the net profit after taxes, for the benefit of the team. It would follow the 2023 season, which benefited from 29.92 million euros net and that of 2022 at + 22.22 million euros. The details of the turnover are not known, nor the revenues from operational ( rights in Ligue 1, Coupe de and Europa League), nor the commercial or merchandising revenues, nor the ticketing, subscriptions and other hospitality. Nor are the results of transfer window operations, of which we know that LOSC has made a specialty in recent years. Recently again with the transfer of his young defender Leny Yoro to Manchester United.

Investors interested in the buyout

Thanks to its financial rigor, LOSC has, according to its president Olivier Létang, paid off all its debts that the previous management had largely contributed to digging up. Thanks to the new Champions League (and in fact more lucrative), the Mastiffs are counting on a new accounting profit as of June 30, 2025. These written performances The Teamattracts the desire of investors who are said to be more and more likely to try to take over the club owned by the investment fund Melvyn Partners.


France

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