Villeurbanne: €100,000 fine and league points deducted for contract irregularities

Heavy “bell” imposed on the French championship Villerban for irregularities in contracts!

According to the French website BeBasketthe Supreme Board of Directors of LNB imposed a fine of 100,000 euros, while also deducting them two points from the championship.

The reason for this decision is that the highly paid stars, Nando De Colo and Geoffrey Lovern they are not paid entirely by the club, but receive a portion of their salary through the commercial exploitation of their image by the team, a method of payment prohibited in France.

If the said illegality of his team is confirmed Tony Parkerthen in the previous period he had saved a very large amount from the taxation of the two players, who are also among the highest paid on the roster.

“Since September 14, 2022, the Board of Directors has repeatedly asked Villeurbanne to send the necessary documents regarding two players from their squad. These requests were not satisfactorily answered in terms of the demands of the Supreme Administrative Council“, the decision of the Board of Directors states, among other things.

Notre club prend acte de cette decision et a immediately decide de faire appeal. #LDLCASVEL pic.twitter.com/Ohc2fQx6Ui

— LDLC ASVEL (@LDLCASVEL) March 30, 2023

THE Villerban has appealed the league’s decision, while it should be noted that before he was punished he had a record of 15-9 and was in 5th place in the French league.

Edited by: Christos Lois