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The ocean depths to the financial markets, there is sometimes a step … that the U.S. company Odyssey Marine Exploration Exploration has already passed! Like the leader of the search for shipwrecks listed on the New York Stock Exchange since November 2003, other companies specializing in the maritime treasure hunting, smaller fund will come on the market and join the ranks of actors of the industry.

Even if the secret is king in the realm of salvors, one thing is certain: the hunt for sunken treasure under the sea can pay big dividends. Odyssey Marine Exploration, one of the few companies to communicate about its activities, has won the moon in September 2003 with the discovery of the Republic, an American steamer full of gold coins that sank off the coast of Georgia in 1865.After twelve years of research, American society has gotten hold of a booty containing nearly $ 400,000 of the coins in time, a current value between 120 and 200 million dollars. The company has retained 90% of the cargo. Odyssey was also able to develop products derived from this expedition. This discovery was also made flame the action of the group in exchange. And the eyes of the officers, "the 20 million spent on research is only one drop of water compared to the potential value remains of the Republic."

And if the gold and precious stones continue to dream the salvors, they are not the only treasure of value. Coins, guns, cups, bottles and even old cargo of raw materials can also be rewarding.Thus the British company Blue Water Recoveries, established in 1995, has collected 23,000 tons of precious metals through its research of wrecks.

Thirty wrecks profitable to recover

But finding a wreck diving at a cost. According to Unesco, nearly 3 million shipwrecks littering the ocean depths, but only a thousand of them contain enough valuables to recoup research.

The investigations carried out to find shipwrecks hundreds of feet deep are indeed very expensive. It requires a technologically advanced equipment and crews experts, for shipments that can last for months or even years. Besides the work prior to the launch of an operation: tracking down archival maps and documents all able to identify and map potential treasures.John Morris, co-founder and CEO of Odyssey Marine Exploration and felt "less than thirty wrecks are financially attractive to recover" all over the world.

In addition, the development of technology makes the research more accessible and attracts treasure hunters. The funds of the world's oceans are scrutinized. Shipments are mainly carried out by Anglo-Saxon societies run by financiers. In this context, John Morris believes that "all the wrecks are likely to have been visited in ten years: our niche is very limited." A race against time is thus committed, sometimes in defiance of the rules.

Regulations wrecks hardens

In late 2007, Odyssey has been unraveled court.American society has gotten hold of the treasure of the "Black Swan", code name given to the mysterious shipwreck discovered off the coast of Gibraltar and which Odyssey has kept the cargo of 17 tons of gold and silver. Problem, Spain claimed ownership of the vessel and the treasure and she wants to recover the loot and the location coordinates of the wreck, kept secret.

In fact, the marketing of the treasures of the sea is governed by laws. The cargo must be declared and identified only the treasures found in international waters can be preserved, provided that vessels not flying the flag recovered Spanish, English, French or American, if not the rights of loot then return to the countries concerned. And Unesco is trying to further tighten the laws to limit the looting.The United Nations estimates that particular decade, almost three wrecks were destroyed and exploited commercially in Asia, and regrets for each looting of 500,000 objects.

In France now, "all the maritime discoveries belong to the state," said the Department of underwater archaeological research and submarine, affiliated to the Ministry of Culture. However, the rewards are awarded to the discoverers of wrecks and treasures.

A researcher from the body of wreckage hunt bin Laden

The hunt Seabed no longer the sole purpose of finding gold and other fabulous booty. Recently, a researcher of wreckage and chose to leave the body in search of bin Laden.Bill Warren, a famous scholar of American wreck, wants to prove to skeptics the death of the leader of the terrorist organization Al Qaeda, and touch in passing a premium of $ 25 million. To do this, the diver of 59 years will probe the northern Arabian Sea to find the body of the former number one enemy of the United States. But according Sciboz Bertrand, also a researcher of wreckage, "a body search in the Arabian Sea while there are 2000 meters deep, this operation is totally impossible."

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Wall Street opens again in the red Friday. The NYSE is not spared by the new storm that struck the European exchanges, which has already passed on the stock exchanges in Asia this morning. A few minutes after the start of trading, the Dow Jones fell by 0.81% to 10,901.20 points, the Standard & Poor's 500 by 0.75% to 1132.08 points and the Nasdaq Composite 0.76% 2362.48 points.

Yesterday, as elsewhere, the New York Stock Exchange closed down a massive, affected by disappointing indicators released during the meeting confirming the poor performance of the U.S. economy. Moreover, operators, already worried by the economy of the euro area, were cooled by the large loan dollars awarded by the European Central Bank (ECB) to a bank in Europe, whose identity has not been revealed.This action has reinforced doubts about the ability of banks to refinance the region. The euro also declined against the dollar and is trading around 1.4290 dollars against 1.4319 on Thursday.

Finally, Morgan Stanley confirmed the fears of a global economic slowdown by scaling back its growth forecasts for 2011 and 2012. The bank also said the United States and Europe were "dangerously close to recession."

Evidence that the operators' confidence is at its lowest, gold, a safe haven par excellence, is powered from yesterday to new heights. On Friday, an ounce reached a new record in 1864 dollars after jumping up to 1867.30 dollars in the morning.For its part, a barrel of U.S. light crude oil, which fell 6% yesterday, lost another 65 cents to 81.73 dollars at the opening while Brent gives 62 cents to 106.37 dollars.

Values ​​of the day

On the corporate side, Hewlett-Packard tumbles to 18.74% to 23.98 dollars. The group published its results on Thursday lowered its annual forecast for the third consecutive time. It now expects an annual turnover of between 127.2 and 127.6 billion dollars, against a previous estimate of between 129 and 130 billion. The group, which has made a takeover offer for the British publisher of software Autonomy, has also announced plans to dispose of its business in personal computers.Another major surprise: HP goes out of business in the mobile, arresting the development of tablets and smartphones.

Autodesk (1.09% to 26.80 dollars) has reported a 6% increase in revenues in the second quarter and a net profit better than expected at 71.2 million euros, or 30 cents per share.

Gap (5.03% to 16.30 dollars) on Thursday posted a quarterly profit above analysts' expectations despite lower sales to a number of store. Net income for the group totaled $ 189 million (131.8 million), or 35 cents a share, against $ 234 million, or 36 cents per share a year earlier.

Bank of America (-1.07% to 6.94 dollars) will remove 3500 positions during the quarter, according to an internal document cited by Reuters.

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When in 2007 the Merkel government has created an additional income tax of 45%, Germany was against the current. At the time, it was time to lower taxes to encourage work. But the crisis and rising public deficits have changed everything. Germany has become more and more followers. In 2010, the UK has increased to 50% the rate of the highest portion of its income tax (IR). And Italy is preparing to introduce a solidarity tax for employees earning over 90,000 euros.

More surprising number of taxpayers potentially affected by such a tax do not hesitate to ask now open! American side, the billionaire Warren Buffett has called this week for a contribution of "mégariches."In France, Maurice Levy, chief executive of Publicis Group and president of the Afep (French association of private companies), wrote in his name, an article in Le Monde, where he considered it "essential that the effort Solidarity begins with those whom fate has spared. " All indications are that it will be heard as the French government pledged last spring to introduce a tax on high incomes. "Today we are working on the issue of remuneration is said sometimes extravagant," reiterated on Wednesday on Europe 1, the budget minister, Valérie Pécresse.

The majority has already noted last year from 40% to 41% in the final tranche of IR. But this time it is hit with higher incomes (the final installment begins 71,000 euros in annual revenues). And this without creating a new rate of IR.While some lawmakers, like Senator Jean Arthuis centrist, still defend the idea, Nicolas Sarkozy is opposed to any new slice. Since the fall, the government has consistently rejected in Parliament every initiative of his majority to create a slice with 46% annual earnings per share in excess of 100,000 euros.

A million or 150,000 euros of income a year?

The Ministers of Economy and Budget has established a working group of parliamentarians who must propose measures in the fall, in the 2012 budget pay day loans. The idea of ​​the executive, initially was rather taxing high incomes via the company by making non-deductible from corporate tax wages above a certain level. But the government now seems to favor a direct taxation at the household level, a solution advocated by many parliamentarians.Gilles Carrez, the UMP rapporteur of the budget in the Assembly proposes to introduce a contribution of 1% to 2% of annual revenues in excess of one million euros.

Advantage: All income is affected, including dividends and capital gains, not just wages (as with the non-deductibility). The threshold of 1 million French can target very easy – 30,000 homes would be affected. "The measure must be a symbol. This is not to bail out of the state, "said Jerome Chartier, UMP du Val-d'Oise. In fact, 2%, the new tax would yield only 300 million (against $ 1 billion for the portion eg 46%). "Be careful not to pour into demagoguery and rich hunting. The contribution must be calibrated, "adds Philippe Marini, UMP rapporteur of the budget in the Senate.

Problem: all members do not see it that way.Pierre Mehaignerie, the UMP president of the Committee on Social Affairs in the Assembly hopes that the contribution applies from 150,000 to 200,000 euros in annual income for couples and 80,000 euros for a single. At this level, more than 300,000 homes were affected, including many executives. "I understand that. But our people are ready to make an effort if, at the same time, the state reform, "Pierre defends Méhaignerie. The animated discussions ahead in the majority!

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Still pending for a summit in the euro area. While Monday's major stock markets reopen on Tuesday, European capitals and investors will have their eyes on the meeting at the Elysee between French President Nicolas Sarkozy and German Chancellor Angela Merkel. After a week very rough on the markets, particularly in France, this meeting is an opportunity for two leaders to show their unity.

Above all, it will be the first public Angela Merkel, back from vacation, since the revival of the crisis.Angela Merkel and Nicolas Sarkozy "are among the few political figures on which the fate of the euro, the EU and Europeans," says the German newspaper center-left Süddeutsche Zeitung, adding that French President 's 'prepares to live the most important week of his career. "

The markets expect a lot of European leaders. Some analysts point to the inadequacy of the means used to protect the euro area at a time when the first signs of a contagion is observed in Spain and Italy. The European Stability charge to lend to countries in difficulty, and would not have sufficient financial resources to save Italy as if it fell before it, Greece, Ireland and Portugal.

Pooling of liabilities

Investors, but also the European Socialists are calling for the creation of "Eurobonds", which would sign the pooling of public debt in the euro area. If this had been established, it would have prevented the current crisis, said Saturday the Italian Finance Minister Giulio Tremonti. Berlin is officially fiercely opposed, saying it would amount to finance the deficits of the least virtuous of the euro area. But the government no longer opposed Eurobond "to preserve the euro area" as a last resort, reports the conservative newspaper Welt am Sonntag quoted a government source no fax payday loans.

The Franco-German summit is unlikely to provide definitive answers on these two subjects.The German Finance Minister Wolfgang Schäuble has dampened the hopes of the most optimistic in an interview published this weekend in the German magazine Der Spiegel: "We left there: there is no pooling of debt and no help to the infinity. There are support mechanisms, as we continue to develop, under strict conditions. "His French counterpart, Francois Baroin, for his part said he was working on" a convergence between France and Germany "about to a tax on financial transactions.

Most stubborn

The German government is already struggling to push through the reforms agreed at the EU summit on 21 July. In parliament, the majority balks, cooled by a public increasingly distrustful towards the euro. Angela Merkel's allies, the liberal FDP, and require strong counterparties in exchange for their support."With us there will be no blank check for the redemption of bonds of other countries" (a measure of support to countries in difficulty decided July 21) warned Sunday the leader of the FDP Rainer Brüderle. He wants a limit on the debt be written into the constitutions of all countries in the euro area, as is the case in Germany.

A sign of the tensions within the majority of Angela Merkel, President of the Bundestag, the upper house of German parliament, is reluctant to adopt reforms in the euro area in a timely manner by the government. "The subject is so important," he "will surely be impossible to pass it between 20 and 23 September," he said. One more reason to be anxious for the markets.

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»COMPUTER GRAPHICS – Who holds the State debts

"SPECIAL – Depression, fear of debt

Backlash. Banks, which had caused the market collapse in the fall of 2008, are caught by the crisis of states. Investors expressed their concerns about sovereign debt and the prospects of sluggish global economic growth, by sanctioning the financial sector on the stock market. The European banking index, the Stoxx 600 Banks, Tuesday and hit its lowest level in two years at 147.51 points. In one month, the U.S. Citigroup, the UK Royal Bank of Scotland (RBS) or the French Societe Generale lost nearly 30% of their market value. On both sides of the Atlantic, however, banks face the storm in better shape than two years ago.

At once massive recapitalizations – 100 billion euros for the only European banks – the institutions have strengthened their balance sheets. But the suspicion now exceeds basic banking.European side is of course the exposure to sovereign debt that is hunted. To reduce their deficits and repay their loans, the States' policies of fiscal austerity and hope to revive economic growth. The prices of banks are very sensitive to the beam of bad news on the front of growth.

Thus, the spiral of concern about the third largest economy in the euro zone, Italy, has greatly affected the French institutions. End of 2010, according to the Bank for International Settlements (BIS), their commitment to the Italian economy amounted to 393 billion dollars, almost half of the commitments of European banks.

In this context, investors expect, without much hope, strong signs of governments and the ECB."Many banks, especially Italian or Spanish, can not refinance at the current level of spreads, said Yves Le Cocheca, manager at CQS. The risk is therefore forced to see the ECB to increase its rate of liquidity at a time when the European banking system is facing more than 1000 billion of maturities in the next eighteen months. "Deposits banks with the ECB had "increased massively. It's a bad sign, "acknowledged Tuesday a member of the Board of Governors, Ewald Nowotny. Last Friday, they reached 134.8 billion euros, close to the highest level of the year in February. A rapid implementation of bailout Greek send a first message of confidence. Especially as the growing doubts about the level of discount that will pass the institutions participating in the plan payday loans no teletrack.With the exception of the insurer Axa, all French financial provisions have spent up to 21% of their outstanding debt to Greece, when RBS, for example, opted for a discount of 50%.

Subprime bill

U.S. side, it is not so much the loss of "AAA" rating of the sovereign or political differences on the treatment of debt madden investors, but the economic slowdown and its impact on the housing market. The control of the nationalized insurer, AIG, to sue Bank of America to recover more than 10 billion of losses on securities backed by mortgages, has not eased the climate. Banks may find themselves forced to pay a subsequent part of the bill of subprime. The medium-term prospects are hardly more reassuring.The IMF in the next two years, global banks will have to refinance to the tune of 3.6 trillion dollars, markets, stormed by sovereign states …

Shareholders' equity under pressure

The ratings downgrade of the sovereign debt of the United States will cause a shock to the global economy if it leads to alienation of investors for U.S. securities and in its wake a rise in interest rates. A scenario that has not materialized yet.The impact of the decision by Standard & Poor's short-term should be limited to a slight increase in the cost of borrowing for the Authority and U.S. government agencies.

The Federal Reserve has indeed ensured that the degradation would be no need for additional capital for banks, insurance companies and other institutions exposed to U.S. debt.

A spokesman for the central bank said the loss of "AAA" will not affect his view of the quality of U.S. Treasury: banks can still make these securities as collateral in its refinancing operations without paying fees additional.

The Basel Committee, responsible for European banking regulation, did not, however, expressed on the issue.The new supervisory body, Basel 3, which will take effect in 2019, encourages schools to hold sovereign debt, both in its solvency requirements only on the foreheads of the liquidity ratios. "Basel 3 has prompted banks to downgrade their balance sheets by holding much larger quantities than necessary sovereign debt, now decommissioned," so sorry Bonnevay Frederick, a partner at Anthera Partners.

At the opening of Wall Street, the Dow Jones down 1.27% at 11,299 points. The Standard & Poor's 500 back, he, of 1.91% to 1176 points, while Nasdaq 100 fall more sharply from 3.3% to 2248 points. Degradation much faster than expected by Standard & Poor's sovereign rating of the United States, which had never been subject to such sanctions, NQIA weighs heavily on the U.S. indices, which react according to the European markets , widening their losses after trying the new perspective, and Asian, who finished Monday's session on heavy folds.

No rebound in early trading, then, this Monday on Wall Street, while Moody's said Monday it could, too, by 2013 reduce the debt rating of the United States if the budget outlook and economic deteriorated significantly.But she considers it possible in the meantime a new agreement in Washington to reduce the deficit.

At the time of the opening of Wall Street, stock markets around the world a little stung the nose: the Sao Paulo Stock Exchange fell 4.5% at the opening in Moscow, the RTS lost more 5%, while oil prices fell at the opening in New York, MICEX and yielded 3.58% to 1530.11 points. Featuring Dax index lost 3.07% to 6045.71 points and the MDAX plunged from 5.47% to 8635.11 points at the same time.

Menu macro loaded, with the FOMC in dish

This week, the lower macroeconomic indicator to take the pulse of a threatened U.S. growth will be expected to turn to investors.

Tomorrow, the productivity of U.S. companies in the second quarter and will be scrutinized closely.The risk is to see it getting more than expected, resulting in a logical breakdown of the job. Consumer confidence is also on the menu. But the final communique of the Monetary Policy Committee of the U.S. Federal Reserve (FOMC), from that Tuesday night will go to the most crucial.

Analysts and investors are wondering already if further monetary easing, (3 or quantitative easing "EQ3") can get out guaranteed payday loan. Unless it is an aid to banks, which could begin to experience problems of interbank liquidity, which is preferred. "In all cases, the reaction of short-term market is very uncertain …" says it does at Aurel BGC.

Friday, retail sales will be the second major economic meeting a week at high risk on financial markets worldwide."The sales figures published by the values ​​of the S & P 500 were clearly disappointing July, underline in this respect analysts Aurel BGC. But the report shows significant employment job creation in the distribution. A figure that looks very uncertain. " The trade balance in June should also be well attended.

Oil falls below $ 84 a barrel

Within the scope of the damage U.S. oil drop 3.67% to 83.69 dolars to 15.30. The euro, it is worth 1.4174 dollars (-0.81%). Gold, still he climbs to record highs, more than 1700 dollars.

Disney, Cisco and Sara Lee publish their results this week

Meanwhile, the business side, the publications of interim results are less numerous and can only remember very little attention to markets, obsessed by the European and U.S. sovereign debt.Walt Disney (-2.16% to 34.42 dollars) reveal particular accounts on Tuesday, ahead of Cisco in the matter and News Corp (Wednesday) and Nordstrom, Sara Lee, and Kohls (Thursday), and finally JC Penney ( Friday).

American International Group (AIG: -3.94% to 24.11 dollars) continues Bank of America (-6.61% to 7.63 dollars), calling him more than $ 10 billion (7 billion euros) losses related to mortgages, it said in the text of the complaint. According to this document, which Reuters obtained a copy, AIG believes it was misled by the bank about securities backed by mortgages, which caused losses. The insurer wants to sue Bank of America to the Supreme Court of the State of New York in Manhattan.

On the front of the consumer, the month of June was not enough to save a lackluster quarter. Household spending rose 1.2% in June, the INSEE report, after declining 0.3% in May The quarter (April to June), the index of consumption fell 1.8%. This figure could have been worse: INSEE revised sharply upward the month of May, where consumption fell by only 0.3% instead of 0.8% as previously estimated.

If in June, the index of consumption has recovered, it is "largely by the increase in durable goods and textile and leather," says INSEE. The first of these two categories, rising 2.5% over the month, thanks to automobile purchases, which rose by 2.2%. But this increase does not offset the decline from 11.2% over the entire quarter.A figure beating down all durable goods, down 6 guaranteed approval cash advance loans.3% over this period, after rising 2.2% earlier this year.

The timing of sales, which began very early, has also supported consumption in June. Textiles and leather saw its sales jump by 4.3% over the month. Throughout the second quarter, this item was down 0.3%. Moreover, "the rebound in spending on household equipment (3.8%) bodes well for the construction Stirrers, even if denrier remains depressed," says Camille Williencourt, economist at Natixis.

Traditional engine of French growth, consumption at half-mast over the quarter bodes well for slower growth over this period, after the strong rebound early in the year (+0.9%). Societe Generale table for his part in an inert quarterly growth of 0.1%.

CEO of TF1, Nonce Paolini, confirmed that he filed with the Higher Audiovisual Council an application for free for its continuous news channel, LCI. He stated that the free market is the right thing for news channels. "There is room for three news channels," he said in a conference with analysts. The television group should indeed file with the Higher Audiovisual Council a request to enter the free streaming news channel, LCI and BFM TV come and compete, owned NextRadio TV and i-TV, that of Canal +. But even before this request may be made, TF1 is already under the spotlight.

The subsidiary of the Bouygues group has indeed provided a strong rebound in net income increased 60% in first half year on year, to 118.6 million euros.As for further cost reductions, the television group posted a net increase in operating income over one year, 78.6% to 186.5 million euros. The cost of the grid of the TF1 channel has in fact declined by 482.6 million euros to 423.6 million. Good performance hailed by investors since the title was climbing to 11 hours of 6.80% to 13.59 euros, the largest increase in the SBF 120. One of its main competitors, M6, which must also publish its results on Tuesday but after-hours trading, climbing from 0.77% to 15.74 euros. Meanwhile, the Cac 40 was down 0.57%.

This policy of cost reductions initiated since 2008 had been welcomed on Friday by the U.S. rating agency, Standard & Poor's, which had raised a notch note of the group, believing that these savings would result in a better rentatibilité easy payday loans.The TF1 group has recorded a marked improvement in its operating margin, which has doubled in a year to reach 18.8%. "These statistics confirm, quarter after quarter, the effectiveness of measures taken to change positively the economic model of the group" welcomed the television group, which has however avoided giving details of its profitability target medium term.

Advertising revenue, "no particular concern" (Paolini)

In contrast, sales of the TF1 Group, which owns the Eurosport channel, TMC or LCI, fell slightly from 0.5% to about 1.3 billion euros. "Unlike last year, TF1 did not broadcast major sporting events (like World Cup soccer)," the statement said.Before the analysts, Nonce Paolini said he did not have "specific concerns" about the evolution of advertising revenue. The group is pleased to return to growth in advertising revenues in the second quarter (+0.7%) after a decline of 2.6% over the first three months of the year. Of all the activities, the advertising revenue shows an increase of 4.7% to 905.2 million euros. "The group remains more than ever mobilized to consolidate its leading position in the field of information and entertainment on the TV market and / or free," says TF1.

This slight decline in sales, however, makes the television group cautious about the stability of the whole of 2011. It evokes a persistent lack of visibility on the changing conditions.

Marc-Olivier Fogiel left mid-February morning of the orders of a Europe that was in September 2008. At 42, he will find at the back of the antenna M6 where he had led the program "everyone to stop you sleeping."

The FIGARO. -You will return to television with a project to M6. What will this new appointment in September?

Marc-Olivier Fogiel – It will be a weekly news magazine providing an update on current events that marked the week with those who make it. If I had to make a comparison, I would say it resembles the concept of the Sunday Journal, a daily newspaper published once a week and often the event. M6 has already emblematic of news magazines and reports of investigation, we want a news program, interviews with no frills and away from the talk-show atmosphere.It will be the opposite of an issue since zapping will be based on in-depth interviews. Thus there will be no more than three guests. They will live on the channel just as was the case for "7 of 7" or "The moment of truth." Moreover, this one-hour program on Sunday at noon.

On this market, competition from other channels is tough …

It is tough but not insurmountable. Of course, we have to create an appointment for a check and content that do not exist today on M6. But if there was no issue, it would not be worth the trouble to launch this new program.To me being able to meet weekly casting and the best to become the M6, like other chains, a place where those with expressed wish in the news.

When you leave the morning of a Europe in February, many gave you leaving for the public service?

He never discussed or near or far. The only contacts I have had were with the news channels free DTT. To redo the TV, it was essential that it be consistent with what I have begun in recent years and therefore in the wake of the info. I admit that it was not easy to match a weekly basis with the passion of the "hard news". What was more, was returning to M6.When I left three years ago, there was a tacit agreement with this system, I've known for twenty years, talk with their leaders if I wanted to remake the TV.

On the occasion of this new project, you again become producer?

Not at all. When I came to Europe 1, I closed my news agencies and production Paf Paf Press and Prod. It seemed important to enroll in the drafting of the radio, as it is clear to me now to work with that of M6. For me the best way to participate in writing the History Channel and be somewhat in the same "juice" that the teams in place.

However, give yourself projects that you started with Matthew Pigasse?

Instead, we move forward. At that time, I become entrepreneur! But at this point we're still thinking.A reflection not only conducted but also Pigasse Matthew David Kessler, who directs Les Inrockuptibles. I stay in the same vein, that of the info. The idea is to propose a new offer but this time on digital. We would like to launch in 2012. If we had originally planned to create a newspaper on the shelves, now we want to expand our project to all digital. We're a team and especially to think about the business model.

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A race against time. On Monday, the French stage will present at the National Rugby Marcoussis, before the DNACG (National Directorate of assistance and management control) financial guarantees as to the survival of the Parisian club, after the fraud case linked Facem the Canadian Foundation (Foundation for the Improvement of children in the world).

Still two million find

The figure is known, the French stage has a deficit of 6 million euros to be filled Monday. Bernard Laporte would have found new investors. But after the spectacular failure of Facem, the pool of investors formed by the Englishman Richard Pool-Jones, former player for the club, has also been reactivated, with the help of Serge Kampf, CEO of Capgemini and a great patron of rugby French, and former international Jean-Pierre Rives.The DNACG, before which the Parisian club had already presented in May, is now more demanding, it expects 12.6 million euros in guarantees, in the amount that would normally Facem injected. The round of Pool-Jones would have raised 8 million – the amount initially met – and another 2 million could be saved by reviewing the operating mode of the Parisian club. Remains yet to find 2 million euros to avoid the gauntlet of the "financial policeman" of French rugby. The question is which of the two solutions will be chosen.

A bloated workforce that will have to degrease

Ironically, the missing 2 million in the plane of Pool-Jones correspond to expenses incurred in recruiting high-end by the French stage version which had Laporte on 20 million euros pledged by the Facem but are never arrived.

A total of 19 players have committed to the Paris Club, including the Argentine Felipe Contepomi, New Zealand's Byron Kelleher and Paul Sackey English free instant credit score. The wage bill had increased to 8 million euros. Another nod, the signature of South Africans Mostert and Van Zyl was announced just minutes before the revelation of the scam. Tuesday afternoon, already aware of the shock, the agents were in turmoil, many trying to resettle their foals outside the capital. Obvious: we'll have to degrease the mammoth. Pascal Pape and David Attoub could rebound in Lyon, recently promoted to Top 14. Bastareaud, who wishes to engage with Toulon but is retained by Bernard Laporte, will get the proper output in the coming days. Mourad Boudjellal, the president of RCT, intention, however, take advantage of the situation. "The first thing that the French stage recovers.I prefer to renegotiate with Max Guazzini and Bernard Laporte in top form in this situation. I really do not want to take advantage, "he said Friday in Var Matin.

Laporte, a return that is like a slap in the face

It would revive the French stage, it could remain who precipitated his fall. Without money from the Facem (three related to this foundation have since been placed in custody), there is nothing. Former Secretary of State for Sport has played with fire. He has left € 170,000 under the guarantees. Salagoïty Francis, former president of the Bayonne where "Bernie" was a brief passage, drives the point home in South West: "Everyone will understand that my apprehensions were based on Bernard Laporte." The only way to bounce back is that the new rescue plan is adopted.In either case, it is rumored that Serge Kampf would not want to hear about it …