Montpellier HSC on the verge of English takeover

Montpellier HSC on the verge of English takeover Montpellier HSC have been desperate for investment for some time. It was only just over a decade that La Paillade won Ligue 1, but they have since fallen from grace. After a period of mid-table mediocrity, the club fell out of the top-flight last season.

A return back to Ligue 1 is a possibility, although for now, they are two points and one place outside the promotion playoff places. Last season, Laurent Nicollin made a public call for investment in the club . The MHSC owner has sent a ten-page document to the major French investment banks.

“We are throwing a hook into the sea,” said Nicollin in the document, specifying that he does not wish to entirely sell the club, although, given the situation, there is pragmatism, and Nicollin conceded that he may have to become a minority shareholder of Montpellier. “Our fall has to be less painful at the end of the year,” he added. Investment could now be forthcoming, according to a report from Romain Molina .

Details are sparse, but the journalist reports that an English group is in the process of finalising the purchase of the club. The deal should go through, barring any last-minute hiccups. The identity of the buyers has not been revealed, although Molina added that it is an English group and one that would become the majority shareholder of the Ligue 2 club.