“This sale contract must be declared void,” the opposition asks in the Elan Béarnais file discussed in the municipal council.

It must be said that dark clouds are looming on the horizon for the basketball club, which is threatened with relegation to the amateur first division for financial reasons. An appeal was filed by Elan Béarnais, whose July 11 hearing is scheduled to be decisive.

about the same topic

It must be said that dark clouds are looming on the horizon for the basketball club, which is threatened with relegation to the amateur first division for financial reasons. An appeal was filed by Elan Béarnais, whose July 11 hearing is scheduled to be decisive.

At the council, Pau Mayor François Bayrou immediately put the topic on the table. He returned for a year, referring to the sale of the club by the communities (including the city) to the US company CSG. And in the direction of this he returned the ball.

“assume”

“It’s a private company and it should take on its responsibilities,” says the first city councilor. He lists the commitments that CSG did not meet: “To increase the budget between seven and eight million, it was not done. They planned to sponsor 4 million but it was 1.2 million euros.”

But above all, City are still waiting to pay 800,000 euros from CSG, in exchange for the amount of club shares. In this regard, François Bayrou proposes a “reduction to 600,000 euros”, referring to the “restrictions” confirmed by the CSG. Their observation was completely fair,” François Bayrou said.

However, the city has not yet seen the color of the dollar. We learned during the council that the first batch was not honored in January 2022, while another batch was scheduled for the end of June.

“Mr. Otto [David Otto, PDG de CSG. NDLR] He said – on behalf of the club – that he intended to pay, continues the mayor. maybe. CSG has already contributed 750,000 euros to pay salaries. Perhaps he can bear his obligations. I don’t know. Investors do not know. When we negotiated this takeover, David Otto was not an interlocutor. He was a lawyer who advised interlocutors: Greg Hughes, Jamal Mashburn, and Stu Jackson. »

François Bayrou later described David Otto as a “buyer of buyers”. In fact, David Otto has been the founder and CEO of CSG since 2020. He was also fined in 2011 in the US for violating stock market rules, as our colleagues from La République des Pyrénées discovered.

The city council found the town hall hall.


The city council found the town hall hall.

David Le Dudek / Southwest

The opposition communist team Olivier Dartiguls.


The opposition communist team Olivier Dartiguls.

David Le Dudek / Southwest

The elected Socialist opposition, Jerome Marbut.


The elected Socialist opposition, Jerome Marbut.

David Le Dudek / Southwest

Trick

“You tell us that the contract of sale has not been fulfilled. This contract must be declared null and void very quickly, as the socialist opponent Jerome Marbut believes on his part. We will redeem the shares, even if it means immediately reselling them.”

“The possibility that we will find ourselves the owner of the club is motivating but not reassuring,” said François Bayrou. Mayor Bao has reported “rumours” about potential new buyers. “But these are just rumours,” the mayor adds. He again took his position regarding his refusal to negotiate with Simon and Thomas Arnauzan a year earlier, as their acquisition project was deemed insufficiently reliable.

“David Otto is behaving very badly,” said Communist opposition leader Olivier Dartigoles. From what I can see in the press, he doesn’t speak to us very well. There is a dangerous “cheating” side. Or he has strong shoulders but wants to run minority shareholders and partners. But it hurts the club’s image. Or he doesn’t have finances but we’re here for something else…”

If the debates were somewhat muffled, opponent Tonkai Selge would not spare François Bayrou. He spoke to assistants Eric Subati and Jean-Louis Peres: “You could not reason with François Bayrou by telling him: Be careful, we do not sell a baguette but a sports monument.”

Abortion: ‘It’s not healthy to hold a referendum’, sees François Bayrou

About fifty people were demonstrating in front of town hall Monday night to defend the right to abortion, after it was banned in several US states. The mayor of Pau was questioned about his position on the possibility of including abortion in the constitution, when he recently questioned the benefit of “doing so, despite the fact that there is no political current in France that raises questions about the headscarf law. I do not find it good,” François Bayrou answered Monday evening. hold a referendum on such a subject.” After a constitutional debate, the mayor indicated that “for a Parliament Bill, a referendum is mandatory.” The President of the Republic may also decide to submit the text to Parliament sitting in Congress. In this case, it must be three-fifths of the votes The cast is present.

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