The China Mail - French monument Saint-Etienne eye success again under new ownership

USD -
AED 3.673042
AFN 65.000368
ALL 81.503989
AMD 360.340403
ANG 1.789785
AOA 918.000367
ARS 1544.046724
AUD 1.454757
AWG 1.8
AZN 1.70397
BAM 1.75029
BBD 2.013844
BDT 124.537437
BGN 1.747831
BHD 0.37735
BIF 3010
BMD 1
BND 1.281347
BOB 11.99429
BRL 5.504904
BSD 0.999897
BTN 93.858629
BWP 13.774679
BYN 2.994523
BYR 19600
BZD 2.011053
CAD 1.41135
CDF 2320.000362
CHF 0.820469
CLF 0.02484
CLP 977.630396
CNY 6.676504
CNH 6.67282
COP 3251.53
CRC 453.465426
CUC 1
CUP 23.998962
CVE 99.403894
CZK 21.83445
DJF 177.720393
DKK 6.708504
DOP 60.750393
DZD 136.38704
EGP 53.769786
ERN 15
ETB 161.203874
EUR 0.896804
FJD 2.25525
FKP 0.741654
GBP 0.748671
GEL 2.59504
GGP 0.741654
GHS 11.68504
GIP 0.741654
GMD 74.503851
GNF 8857.503848
GTQ 7.64085
GYD 209.627114
HKD 7.84215
HNL 27.07504
HRK 6.76901
HTG 131.052321
HUF 326.000354
IDR 18108.5
ILS 3.18593
IMP 0.741654
INR 94.04725
IQD 1514
IRR 1891353.000352
ISK 122.790386
JEP 0.741654
JMD 158.687685
JOD 0.70904
JPY 158.50504
KES 129.950385
KGS 87.447804
KHR 4080.00035
KMF 442.00035
KPW 899.999961
KRW 1363.803789
KWD 0.31098
KYD 0.833408
KZT 448.201333
LAK 22505.000349
LBP 89550.000349
LKR 332.502562
LRD 170.303772
LSL 16.560381
LTL 2.95274
LVL 0.60489
LYD 6.430381
MAD 9.757504
MDL 17.8737
MGA 4595.000347
MKD 55.203803
MMK 2099.952938
MNT 3601.972253
MOP 8.072028
MRU 40.250379
MUR 47.030378
MVR 15.403739
MWK 1737.000345
MXN 18.62534
MYR 4.061504
MZN 63.903729
NAD 16.560377
NGN 1347.210377
NIO 36.610377
NOK 9.459904
NPR 150.173627
NZD 1.803102
OMR 0.384144
PAB 0.999964
PEN 3.442504
PGK 4.492039
PHP 63.108038
PKR 276.625038
PLN 3.94555
PYG 6249.384815
QAR 3.643038
RON 4.792204
RSD 105.586038
RUB 81.925564
RWF 1475
SAR 3.754695
SBD 8.048583
SCR 14.018084
SDG 601.503676
SEK 9.894504
SGD 1.282604
SHP 0.748923
SLE 22.950371
SLL 20969.504398
SOS 571.503662
SRD 37.583504
STD 20697.981008
STN 22.275
SVC 8.748764
SYP 13001.999685
SZL 16.560369
THB 33.550369
TJS 9.224126
TMT 3.5
TND 2.985504
TOP 2.40776
TRY 50.141304
TTD 6.780829
TWD 32.775304
TZS 2642.503628
UAH 45.297
UGX 4089.81484
UYU 40.226773
UZS 12000.000334
VES 896.316404
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 588.264929
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.801976
XDR 0.707052
XOF 588.264929
XPF 107.450363
YER 236.625037
ZAR 16.51847
ZMK 9001.203584
ZMW 20.318702
ZWL 321.999592
SSP 5745.196153
MXV 2.095424
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

French monument Saint-Etienne eye success again under new ownership
French monument Saint-Etienne eye success again under new ownership / Photo: © AFP/File

French monument Saint-Etienne eye success again under new ownership

French footballing monument Saint-Etienne are hoping the glory days might soon return following the arrival of new Canadian owners, but first they face a battle to establish themselves again in Ligue 1.

Text size:

Les Verts have been French champions 10 times, which was a record until Paris Saint-Germain overtook them last year.

They were once European Cup finalists too, but they have not won the French title since 1981, with a long period of decline setting in after the great Michel Platini left for Juventus the following year.

Saint-Etienne returned to prominence a decade ago, lifting the League Cup in 2013 and enjoying several top-five finishes.

However, they were relegated in 2022 and spent two years in Ligue 2 before coming back up via play-offs last June.

At the same time, long-time owners Bernard Caiazzo and Roland Romeyer sold their stakes to Kilmer Sports Ventures, the firm of Canadian billionaire Larry Tanenbaum.

It was a deal which thrust this great old name into the modern day world of football clubs owned by North American capital or nation states.

Tanenbaum, 79, is also the chairman of the company which controls NHL side Toronto Maple Leafs, the Toronto Raptors in the NBA, and Toronto FC in Major League Soccer.

The new president at Saint-Etienne, meanwhile, is Ivan Gazidis, the South African ex-chief executive of Arsenal and AC Milan.

"I am based in New York. I won't be there every day but I will follow the club every day. I will be involved in all the strategic decisions," Gazidis told AFP.

"We don't make big promises. We are going to advance step by step and the first will be survival in Ligue 1. We will make mistakes. There will be ups and downs."

So far this season there have been mainly downs, with Saint-Etienne going into this weekend's derby against rivals Lyon sitting third-bottom after 10 matches.

Saint-Etienne lost six of their first nine matches, including going down 8-0 at Nice in their worst defeat in over 70 years.

They did beat Strasbourg 2-0 last weekend, but few reinforcements have arrived since last season despite the takeover.

The biggest impact has come from Georgian forward Zuriko Davitashvili, signed from Bordeaux and who scored five goals in three games in October.

"You can't just arrive in Ligue 1, land from all four corners of the globe and put together a team just like that. You need time," complained under-pressure coach Olivier Dall'Oglio.

He is unlikely to survive many more defeats, even if the concept of time is something that Tanenbaum -- whose net worth is $2.5 billion according to business magazine Forbes -- agrees with.

"We will need to be patient to become a great side again. A club like Saint-Etienne is designed to win titles but that needs to be built step by step," he told sports daily L'Equipe.

Player to watch: Lucas Chevalier

The 23-year-old Lille goalkeeper was finally rewarded for his outstanding performances with an overdue call-up to the full France squad on Thursday.

A native of Calais on France's Channel coast, Chevalier is in his third campaign as a regular starter for Lille and has been brilliant during this season's Champions League campaign, which has featured wins over Real Madrid and Atletico Madrid as well as a draw with Juventus.

Chevalier and Lille take on Nice this weekend in a battle of fourth against fifth.

Key stats

29 - Leaders Paris Saint-Germain are unbeaten in 29 away games in Ligue 1

5 - Bottom club Montpellier have lost their last five matches and are five points adrift. They have let in 30 goals, becoming the first team to concede so many after just 10 games of a season since Nice in 1978/79

124 - Derby rivals Lyon and Saint-Etienne will meet for the 124th time in all competitions

Fixtures (times GMT)

Friday

Marseille v Auxerre (1945)

Saturday

Strasbourg v Monaco (1600), Lens v Nantes (1800), Angers v Paris Saint-Germain (2000)

Sunday

Nice v Lille (1400), Le Havre v Reims, Montpellier v Brest, Rennes v Toulouse (all 1600), Lyon v Saint-Etienne (1945)

L.Johnson--ThChM