Expected and feared since the events of this summer, like a sword of Damocles, the decision of the financial policeman (DNACG) has been delivered and comes to sanction the accounting management exercised over the 2023-2024 season, to penalize the Neptunes of Nantes with a withdrawal of 4 firm points and 2 suspended points from its 2024-2025 championship ranking. Between lack of indulgence and feeling of injustice, the club undergoes a harsh return to reality. Explanations.
With the economic crisis in the real estate development sector, the shareholder REALITES, in great difficulty, suddenly withdrew from the Neptunes project in Nantes. Putting an end to all his financial commitments, he jumped ship and plunged the club into a delicate debt situation, before deciding in record timing, in the middle of the summer holidays, to liquidate the SAS holding company (administrative entity). , SAS Handball and SAS Volleyball. Alone, SAS Volleyball avoided the worst, in fact the Association Volleyball des Neptunes de Nantes was able to buy back all the shares for the symbolic euro.
This takeover, made in survival mode at the launch of this new season, revealed to us uncontrolled operational management, a legacy debt to be regularized, although with a respected payroll.
Alongside Monique BERNARD, who has become president again in the forefront, hard work has been undertaken behind the scenes since August, to rebuild. The priority: catch up on delays, pay off debts, restart operational logistics. A real race against time, to put the sports sector in the best conditions. Bodies, partners, employees, volunteers, supporters, the objective is still at present, to “Move sky and sea” to regain our stability.
The same goes for the rebalancing of the financial situation of the reserve fund imposed by the DNACG on each club. A situation currently being processed but which has today been sanctioned by the commission. This means that in the eyes of the financial policeman, this last season of management will have erased more than 13 years of accounting work without the slightest financial mistake…
It was written that the end of the year 2024 would promise storms, that the elements and winds would be contrary, to the point of penalizing the course of a sports team, leader of the championship, with a retroactive sanction with an illegible points scale. . Our only response will be to fight. The club is already appealing this heavy decision and will be determined to do everything possible to prove its good faith.
While respecting the regulations, we will continue to move forward, both behind the scenes and on the ground, because where there is a will, there will be a way.
The Neptunes de Nantes Volleyball club.
