Quick links: Rugby Video | Six Nations Rugby | Premiership Rugby | LV= Cup | Rugby Championship | Heineken Cup Rugby | Pro 12 Rugby | Super Rugby | Currie Cup Rugby | Rugby World Cup
 
 
 

Police charge 3 at Stade Francais over fraud


Email Article | | Print Article | Click here for a free $150 Bet

Article Published: Friday 24 June 2011


Three people were charged on Friday in connection with the alleged fraud that has left leading French rugby club Stade Francais teetering on the brink of bankruptcy.

The three people, who were arrested during the course of the week, have been charged with organised fraud, forgery and using forged documents, according to a judicial source.

They have not been publicly identified although the first to be arrested on Tuesday was said to be of Cameroonian nationality. Two have been taken into custody, the third is under judicial supervision.

Earlier on Friday, the Paris public prosecutor opened a preliminary investigation into the circumstances surrounding the alleged fraud.

The inquiry comes after club president Max Guazzini and administrator Bernard Laporte filed a complaint against the Canadian foundation FACEM.

The pair claimed FACEM failed to deposit 12 millions euros ($17m) that had been promised as part of a deal that would have seen the federation take over as major shareholders of the club.

Stade, who were runners-up in this year's European Challenge Cup, need to find 6.6 million euros before Monday if they are to retain their status in the Top 14, the French first division.

Guazzini and Laporte -- a former Stade and France coach and ex-sports minister -- lodged their complaints when they discovered that the papers provided by FACEM were false.

France's sports minister Chantal Jouanno on Thursday ruled out a state rescue package for the club but said the government would help as far as it could.

"The state cannot save Stade Francais," said Jouanno. "We met to see how we can try and help.

"You cannot imagine how swindling and economic difficulties can do such damage to this legendary club."

bet365
 
 
Heineken Cup Rugby News
Clermont coach not worried about Saracens history
Clermont coach Franck Azema has insisted that their 46-6 loss to Saracens last year will have no bearing on this weekend's European Champions Cup semi-final.
Read more on this Rugby news article

Other recent news
European Champions Cup Semi-final teams named
Vunipola free to play for Saracens against Clermont
Mermoz out, Halfpenny in for Toulon's Cup Semi

More Heineken Cup Rugby News

Aviva Premiership
Northampton sign South African centre Howard
Aviva Premiership Rugby club Northampton Saints have announced the signing of South African centre Pat Howard from Cape Town, South Africa for next season.
Read more on this Rugby news article

Other recent news
Burgess joins elite group of Premiership players
Exeter Chiefs complete Northampton double
Varndell shines as Wasps thump London Welsh

More Aviva Premiership News

Anglo Welsh Cup News
Six Nations Rugby
Ritchie: England finishing second is 'not acceptable'
Rugby Football Union (RFU) chief executive Ian Ritchie has said that England's fourth consecutive runners-up finish in the Six Nations is "not acceptable".
Read more on this Rugby news article

Other recent news
Frenzied 6N finale sends World Cup warning
Mike Brown slams lacklustre Italy and Scotland
Ireland end 60 year wait for back to back titles

More Six Nations Rugby News

 
Rugby Week Sponsor
 
 
Latest Rugby video