This morning, Toulouse FC met with the Direction Nationale du Contrôle de Gestion (DNCG) as part of the annual review of professional clubs, receiving confirmation that the Club is in a strong economic and structural position ahead of the 2025-2026 McDonald's Ligue 1 season.
Prior to this meeting, and as in previous years, RedBird Capital Partners (RedBird) provided additional funding to the Club to ensure its financial strength for the 2025-26 season. The DNCG did not take any measures against the club, confirming the sound management and strategic direction that supports Toulouse FC's ambitious sporting project.
The representative of the club's owner, Neil Chugani, Managing Director and Chief Operating Officer of RedBird, attended the meeting as Interim President of Toulouse FC, accompanied by several members of the management team, and held discussions with DNCG officials, including its President. This is a transitional role pending the arrival of a new Chairman.
Mr Chugani is head of the RedBird team in London, and brings a wealth of experience from over 25 years in media, sport and technology. He has held senior positions at Warner Bros, Discovery, Google and Sky, as well as being a strategic board member of UK Sport, the government body responsible for funding British athletes for the Olympic and Paralympic Games.
Alongside Mr Chugani, a RedBird team travelled to Toulouse to actively support the club through its governance transition following the departure of Damien Comolli, demonstrating its commitment to ensuring stability and continued success both on and off the pitch.
The immediate priority is to appoint a new chairman who shares the ambitions and passion of the owners, management and supporters. The successful candidate will play a key role in implementing Toulouse FC's long-term strategic vision. The recruitment process has already begun.
In the meantime, RedBird is working closely with the club's management and sports operations team to ensure a smooth transition, maintaining the momentum Toulouse FC has built since the partnership began in 2020. Since then, the Club has enjoyed great success on the pitch: a rise to McDonald's Ligue 1 in 2022, victory in a major competition with the Coupe de France 2023, a return to European competition after 14 years, and this season, its best Ligue 1 finish for 11 years.
What do u actually mean? U‘d critizice Gerey n RedBird how they handle things at Milan w firing Maldini, not appointing DS afterwards, squad building etc. But they saved TFC from becoming irrelevant.
Peak “patter”
riiiiiiiiiiight
(bar Leao)
