OGC Nice, owned by the INEOS group, will have to operate autonomously for a year in order to avoid any conflict of interest with Manchester United, also under INEOS control.
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During this period, the Côte d’Azur club must manage itself without direct communication with its owner. The club’s shares have been placed in trust, and INEOS will not be able to interact directly with the club’s decisions until the expiry of this one-year period, according to information from the daily newspaper L’Equipe. This autonomy is crucial to comply with UEFA regulations and ensure that Nice and Manchester United can participate in the Europa League.
No contact between Nice and Manchester United
During this year, the French team cannot have any contact with INEOS, whether for strategic decisions or financial matters. This blockage aims to prevent the two clubs from benefiting from a competitive advantage, particularly in the context of European competitions, where clubs under the same ownership can potentially cross paths. UEFA imposed this rule in response to the rise of cases of multiple ownership in European football.
It is worth remembering that OGC Nice and Manchester United are not the only ones affected: other clubs, such as AC Milan and Toulouse, owned by Redbird Capital, have already had to deal with similar constraints. The aim is to ensure fair competition in European competitions between the different teams. This temporary breakdown in communication between Nice and INEOS, however, complicates the daily management of the club, particularly for major strategic decisions. The Aiglons will also not be able to make transfers related to Manchester United in the coming months.
