Stéphane Richard warns Marseille face survival risk as UEFA conditions bite | OneFootball

Olympique de Marseille are confronting a severe financial squeeze, and chief executive Stéphane Richard, who arrived earlier this year, has not shied away from the scale of the threat.

“When you have a business that can lose 50% of its revenue, you can say that it is at risk; it is at risk of survival.” He said this in a Tangram Talks interview.

“It is also at risk in a sporting sense. We have examples around us… Girondins de Bordeaux. Those who think that OM are immortal because it’s OM are mistaken.”

“We are worried. I hear that every day. And, ‘So What?’ I am also worried. But you still have to come to the stadium; you still have to support us.”

Marseille were at considerable risk of expulsion from European competition this summer. UEFA allowed them to take up their Europa League place on the condition that the wage bill was cut. Failure to meet the measures could see any qualification for next season lead to expulsion.

Key players such as Mason Greenwood, Facundo Medina, Leonardo Balerdi and Geronimo Rulli departed. Despite significant sales, they were insufficient to fund recruitment, so ambitions have been reined in. Bruno Genesio’s side are on a four-game losing run in all competitions.

Source: GetFootballNewsFrance.com

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