French 2nd division experts MaLigue2 report that 61-year-old Sochaux President Wing Sang Li is now personally bankrupt.
Last month it was announced by Tech Pro, the owners of Ledus and Sochaux, that Li would be resigning from his position as the club president for personal reasons. In turns out that these were finance related: on the 2nd April, the High Court of Hong Kong declared Li bankrupt.
It appears that Mr Li owes €9m to Crédit Suisse in debt. The Chinese businessman will still be present tomorrow night to watch FCSM continue to attempt to stave off relegation vs. Auxerre. They currently sit 17th in the table.