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Club owners in France desperate for exits as crisis accelerates shift

Imago Montpellier owner Nicollas

IMAGO | The Nicollin family have owned Montpellier HSC since the club’s founding in 1974, but financial difficulties across French football have forced them to put the club up for sale.

The Recap

With French football trapped in financial difficulty, owners are scrambling for exits as spiralling losses change who can afford to invest in the country’s clubs.

Data Insight

Six Ligue 1 and Ligue 2 clubs have attracted new investment in 2026, making France one of Europe’s most active football M&A markets, while falling valuations highlight the pressure on sellers.

Why It Matters

The financial difficulties have accelerated a shift away from traditional French owners towards tycoons, investment funds and multi-club ownership groups.

The Perspective

With financial pressure also building across other European leagues, France offers an early indication of how sustained losses can change who owns football clubs.

9 September 2026 - 3:20 PM

All French clubs are for sale.

That might seem like a bold and exaggerated statement, but it mirrors the view within the French market, where Paris Saint-Germain and clubs that have only recently changed hands are considered the few exceptions.

Behind it lies the deep financial crisis that has engulfed French football, driven in large part by the collapse in broadcasting revenue. The consequences of that crisis have been widely covered, but for ma

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