FC Nantes sale requires Paulo Tavares to provide a bank guarantee

A 25-million-euro bank guarantee sits at the center of the ongoing FC Nantes sale negotiations, where prospective buyer Paulo Tavares must clear strict financial hurdles before taking over the Ligue 2 club.

The 25 Million Euro Guarantee Required by Financial Regulators

Before the French football financial watchdog examines the purchase application, the DNCG demands a bank guarantee of 25 million euros locked in an account, according to reporting by L’Équipe. This sum is designed to cover potential financial requirements of the club and is calculated based on its structural deficit over the past three fiscal years. Beyond the bank guarantee, the financial authority requires a comprehensive independent integrity check on the prospective owners, a detailed ownership breakdown, and proof of the origin of the funds.

Fan Protests Contrast With Official Sale Talks

During a recent 0-0 home draw against Reims, fans unfurled a banner in the Loire stand that made their position clear.

Socpresse, Kita… Après 25 ans d’errance, on veut tourner la page, pas réécrire la même histoire.

Le FC Nantes mérite un repreneur sain.

FC Nantes supporters

The Franco-portuguese entrepreneur Paulo Tavares faces this intense fan scrutiny alongside regulatory demands as he attempts to win over the Nantes community.

The Regulatory Timeline and Pending Dossier Submission

The Tavares camp aims to submit the required documentation to the DNCG by Wednesday, meeting a tight schedule to advance the transaction. Alongside proof of funds, the buyers must provide a three-year financing plan for the club. If all necessary elements are gathered and verified, the regulatory body could review the formal acquisition dossier within approximately ten days.