Football

FOOTBALL: AN IVORIAN AT THE HEAD OF LE HAVRE AC?

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Armand Koffi Amontchi, known as AKA, is an Ivorian businessman making waves in the world of football by expressing his interest in becoming the majority shareholder of Le Havre AC. AKA is reportedly ready to invest a substantial amount, offering 6 million Euros or approximately 3.930 million CFA francs for the majority stake in the club.

The proposal by AKA had been approved by the supervisory board of Le Havre (L2) in July. However, as of the latest update, the entry of the Ivorian businessman into the club’s capital has been delayed, causing impatience on the part of Jean-Pierre Louvel, the president of Le Havre.

The proposed scenario involves AKA becoming the main shareholder of SASP (the club’s management structure) with up to 25% ownership. This would be in exchange for a capital contribution of 2 million euros and a loan of 4 million over three years. Despite the potential change in ownership, it is stated that AKA’s arrival would not alter the governance of Le Havre AC, and he would have a seat on the board.

The club is currently awaiting the fulfillment of the financial commitment from AKA, and if the payment does not arrive by the end of November, Le Havre AC will consider alternative solutions. The situation is crucial as the club needs to present its forecast budget to the DNCG (Direction Nationale du Contrôle de Gestion) during this period.

Ibrahim Sannie

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