Northern Edition

Select Edition

Northern Northern
Southern Southern
Global Global
New Zealand New Zealand
France France

Billionaire investors' takeover of Beziers expected 'in the next few days' after Paris meeting

Christophe Dominici is brokering the deal (Photo by liewig christian/Corbis via Getty Images)

The takeover of AS Béziers Hérault by billionaire UAE investors is set to go ahead ‘in the next few days’ according to the ProD2 club. The club held a ‘constructive’ meeting in Paris with the new investors, whose plan to invest in the side could set in train a major power shift in the French game.

ADVERTISEMENT

Many are tipping Béziers to become a new giant of French rugby over the course of the next decade, should the takeover deal go ahead. French winger Christophe Dominici has been acting as a middle man between the party, and according to the club, ownership could change hands ‘in the next few days’.

Should the deal go ahead, Béziers will almost immediately become a major heavy hitter in the global player market place. Already they have been linked with Beauden Barrett, Ma’a Nonu, Dan Biggar and Benjamin Fall, the latter of whom is said to already said yes to the blue and reds, provided the Emiratis’ takeover goes ahead.

Video Spacer

Victor Matfield speaks to RugbyPass: Part 1

Victor Matfield regales us with one of Peter de Villiers’ classic chirps to the New Zealand media

Video Spacer

Victor Matfield speaks to RugbyPass: Part 1

Victor Matfield regales us with one of Peter de Villiers’ classic chirps to the New Zealand media

The LNR salary cap is currently set at €11.3 million, with an extra €200,000 allowed per French international, which works out at an average of €275,000 per player in a 40 man squad.  A major cash injection from their new investors could see them blow their ProD2 opponents out of the proverbial water in terms of buying power, in a bid to win promotion to the Top 14.

According to a club statement, the two parties met in Paris to discuss the future of the once-mighty club, “in a peaceful and constructive climate”. During this meeting, the current shareholders were reassured about the authenticity of the UAE based investors and their “financial capacity”.

The club presented their own accounts which passed muster, despite the debt the team has amounted. The two parties have now sought advice in order to draft a memorandum of understanding, before entering into a “period of exclusivity”.

The club have also confirmed the departure of the club’s majority shareholder, Louis-Pierre Angelotti, from the negotiations. Angelotti had been on the receiving end of ‘threats and hateful words’ in ‘the past few days’ and has now given up on his own, alternative takeover and recovery plan for the club. In a press release, he claimed he had “suffered serious insults and unacceptable and unbearable threats”.

ADVERTISEMENT

Angelotti, whose group has sponsored the club for 20 years, had sought out former Toulouse president René Bouscatel, to help in him with his new vision for the club. He has now stepped away from his support of the club.

Béziers have won eleven French championship titles since its establishment in 1911, but have fallen down the tables in recent years, even facing the ignominy of relegation to the Federale 1 at the end of 2008-09 season. They stand at 9th in the ProD2 and face a complete overhaul if they want to win relegation form the super-competitive second division, which currently includes the likes of Grenoble, Biarritz, Perpignan and Colomiers.

ADVERTISEMENT

LIVE

{{item.title}}

Trending on RugbyPass

Comments

0 Comments
Be the first to comment...

Join free and tell us what you really think!

Sign up for free
ADVERTISEMENT

Latest Features

Comments on RugbyPass

J
JW 33 minutes ago
Does South Africa have a future in European competition?

I rated Lowe well enough to be an AB. Remember we were picking the likes of George Bridge above such players so theres no disputing a lot of bad decisions have been made by those last two coaches. Does a team like the ABs need a finicky winger who you have to adapt and change a lot of your style with to get benefit from? No, not really. But he still would have been a basic improvement on players like even Savea at the tail of his career, Bridge, and could even have converted into the answer of replacing Beauden at the back. Instead we persisted with NMS, Naholo, Havili, Reece, all players we would have cared even less about losing and all because Rieko had Lowe's number 11 jersey nailed down.


He was of course only 23 when he decided to leave, it was back in the beggining of the period they had started retaining players (from 2018 onwards I think, they came out saying theyre going to be more aggressive at some point). So he might, all of them, only just missed out.


The main point that Ed made is that situations like Lowe's, Aki's, JGP's, aren't going to happen in future. That's a bit of a "NZ" only problem, because those players need to reach such a high standard to be chosen by the All Blacks, were as a country like Ireland wants them a lot earlier like that. This is basically the 'ready in 3 years' concept Ireland relied on, versus the '5 years and they've left' concept' were that player is now ready to be chosen by the All Blacks (given a contract to play Super, ala SBW, and hopefully Manu).


The 'mercenary' thing that will take longer to expire, and which I was referring to, is the grandparents rule. The new kids coming through now aren't going to have as many gp born overseas, so the amount of players that can leave with a prospect of International rugby offer are going to drop dramatically at some point. All these kiwi fellas playing for a PI, is going to stop sadly.


The new era problem that will replace those old concerns is now French and Japanese clubs (doing the same as NRL teams have done for decades by) picking kids out of school. The problem here is not so much a national identity one, than it is a farm system where 9 in 10 players are left with nothing. A stunted education and no support in a foreign country (well they'll get kicked out of those countries were they don't in Australia).


It's the same sort of situation were NZ would be the big guy, but there weren't many downsides with it. The only one I can think was brought up but a poster on this site, I can't recall who it was, but he seemed to know a lot of kids coming from the Islands weren't really given the capability to fly back home during school xms holidays etc. That is probably something that should be fixed by the union. Otherwise getting someone like Fakatava over here for his last year of school definitely results in NZ being able to pick the cherries off the top but it also allows that player to develop and be able to represent Tonga and under age and possibly even later in his career. Where as a kid being taken from NZ is arguably going to be worse off in every respect other than perhaps money. Not going to develop as a person, not going to develop as a player as much, so I have a lotof sympathy for NZs case that I don't include them in that group but I certainly see where you're coming from and it encourages other countries to think they can do the same while not realising they're making a much worse experience/situation.

144 Go to comments
TRENDING
TRENDING 'Tom has the potential to be better than a British and Irish Lion' 'Tom has the potential to be better than a British and Irish Lion'
Search