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Valenciennes in financial difficulties

Ligue 2 club Valenciennes, relegated from Ligue 1 last season after finishing 19th, are in a spot of financial bother.

Yesterday Finorpa Group, who specialise in financial aid to companies (including football clubs) in the Calais region, decided not to grant a €1 million subsidy to the club.

This is another blow for the club, who have to present their plans to rescue the club’s finances in the coming days to the DNCG.

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