Meeting on June 25, the LNB’s higher management council ratified the decision taken on June 13 by the National Directorate of Management Consulting and Control (DNCCG) to finally authorize Limoges CSP, the 1993 French champion club, to participate in the 2024-25 season.
The DNCCG had initially demoted it to amateurs due to its financial difficulties, before revising its decision after the majority shareholder Céline Forte handed over to Lionel Peluhet, an Intermarché store boss who injected 1.6 million euros from his pocket to make up the deficit.
Like other clubs, including French champion Monaco and vice-champion Paris, the CSP will not be able to exceed the budgeted wage bill during the season without the agreement of the financial watchdog.
Budget down at Asvel
The latter, however, limited Asvel’s wage bill to 80% of the amount that the club offered him, with the remaining 20% being able to be released by mid-September.
The Villeurbanne club announced a reduced budget for 2024-25 due to the financial difficulties of the broadcast platform Succeedone of its main partners this season.
READ ALSO. Basketball. Elite: Coach Jean-Marc Dupraz confirmed at CSP Limoges
Finally, the meeting of the Higher Management Council definitively confirmed Boulogne-Levallois’ refusal to commit to Pro B (2nd division). The Mets 92, 2023 French vice-champions with Victor Wembanyama, had indicated to the body in mid-May that they refused to register in Pro B, where they were relegated, a decision that puts an end to their professional team.
Businessman Luc Dayan, former president of football clubs (Lens, Strasbourg, Nantes), then submitted a takeover plan to the town hall of Boulogne-Billancourt, owner of the club, but the discussions did not come to anything.
