Limoges Basketball Club: A Last-Minute Lifeline Amid Financial Turmoil

Thomas Siniecki, Media365: published on Wednesday June 12, 2024 at 10:41 p.m.

At the last minute, the Limougeauds fans regained hope of seeing their great CSP saved from the waters (and the descent), at the end of a financial imbroglio and a never-ending quarrel of egos.

From 2000, CSP Limoges, European champion only seven years earlier, saw itself administratively demoted to Pro B. Then it was filed for bankruptcy in 2004. Then arrived Frédéric Forte, former player among the heroes of 1993, who became president and allowed the club to return to the heights to two new French championship titles (the tenth and eleventh) in 2014 and 2015.

Miguel: “A confused management that thinks it is the victim of a conspiracy”

Died suddenly of a heart attack on December 31, 2017, at the age of 47, he let his ex-wife Céline (they were already separated when Frédéric died, and had been since 2013) take over the reins in 2019, not without a legal battle. Which already announced bad omens, the supporters of the CSP will now say almost unanimously… Thierry Miguel, the vice-president of the departmental council of Haute-Vienne, “discovered a confused leadership with clannish behavior” (for Le World): “There are only three of them making decisions and treating the others like mere appendices, from now on they think they are victims of a conspiracy.” Specifying that the three concerned, in addition to Céline Forte, are her daughter and her son-in-law.

Bracing herself behind the so-called transfer from a Congolese businessman living in Hong Kong, which never happened, the president has long refused to consider the takeover offer from Lionel Peluhet, a very influential executive. from Intermarché. She ended up giving in, thus allowing the DNCCG (National Directorate of Management Consulting and Control) to reassess the CSP file, for the moment downgraded after having already seen two of its victories taken away this season. Céline Forte’s position was untenable in the face of local authorities, who have supported Peluhet for some time, which did not prevent her from holding it at all costs and for as long as possible. Fortunately, Limoges is not dead.

2024-06-12 20:41:00
#Peluhet #finally #savior

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