Fab soxiao, a Chinese-funded holding company, was demoted to the C- level league due to the bad financial situation of the club.

Live broadcast on August 4th, the Paris administrative court made a judgment and rejected the appeal of soshaw club. Soshaw will be demoted to the French level C league in the new season.

The soxiao club belongs to China Nengxing group, which was the ninth in the French B season ranking last season. However, due to the bad financial situation of the club, it failed to meet the registration requirements of the new season’s French League B. In July this year, it was requested by the French Olympic Committee (CNOSF) to be downgraded to the C- level league. Later, the soshaw club appealed, but this week the Paris administrative court rejected the appeal and maintained the downgrade penalty for soshaw.

At present, soshaw has been demoted to the French level C League, and what worries fans more is that if the financial situation of the club still does not improve, there will even be the risk of bankruptcy reorganization afterwards. In that case, soshaw needs to start again from the fifth level league in France. Soshaw Club was founded in 1928 and has won two French championships.

(Su erhu)

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