Legal news - Julien Delory

DELCADE Sports article visual — Financing Models for Football Clubs: Developments and Legal Challenges — Julien Delory, Corporate M&A lawyer at DELCADE.
Read +
Firm newsNon classé

Financing models for football clubs: developments and legal challenges

Professional football today faces a complex economic equation, driven in particular by growing demands for sporting competitiveness against a backdrop of instability in certain traditional revenue streams. In this context, clubs can no longer rely solely on income from broadcasting rights, matchday revenues or conventional sponsorship. Over the past fifteen years, a marked diversification in […]

  • By Julien Delory
  • On March 26, 2026
Read
Promotion to professional Ligue 3: what challenges for clubs?
Read +
Firm newsNon classé

Promotion to professional Ligue 3: what challenges for clubs?

The creation of a professional Ligue 3 in France, scheduled for the 2026–2027 season, represents a significant development for French football. For a club promoted to this division, the environment changes fundamentally: the transition from an amateur or semi-professional model to a fully professional structure. Such a shift gives rise to a broad spectrum of […]

  • By Julien Delory
  • On March 4, 2026
Read
Football clubs: increasing financial, regulatory and structural constraints
Read +
Firm news

Football clubs: increasing financial, regulatory and structural constraints

French football is at a pivotal moment. Clubs—whether operating at the professional level or as amateur organisations moving towards professionalisation—are facing a growing array of constraints: financial, regulatory and structural. Heightened financial pressure and stronger oversight Many French professional clubs are currently experiencing significant economic strain. According to the report issued by French football’s financial […]

  • By Julien Delory
  • On February 26, 2026
Read
Business transfer
Read +
Corporate lawEmployment lawInsolvency and restructuring

Business Transfer: A legal guide to anticipating and securing a sale or acquisition

Business transfer and succession is a demanding process: timetable, valuation, warranties and financing must be properly aligned. Without sufficient anticipation, value erodes and transaction timelines tend to extend. 1 – Practical context The market has recovered following the health crisis, but remains uneven depending on the legal structure of transactions. With regard to business transfers […]

  • By Brice Wartel and Julien Delory
  • On December 2, 2025
Read
en (1)
Read +
Corporate lawFirm news

DELCADE advises the founders of ADVENTEC Consulting on their integration into the TMC group

DELCADE advised the founders of ADVENTEC Consulting on their integration into the TMC Group. This transaction forms part of a structuring and development strategy aimed in particular at supporting ADVENTEC Consulting’s growth and strengthening its positioning at the European level, through the industrial and organizational synergies offered by the TMC Group. DELCADE acted on the […]

  • By Benoît LAFOURCADE and Julien Delory
  • On October 8, 2025
Read
Read +
Corporate lawFirm news

French Finance Law 2025 and Management Packages: key considerations

Management packages are a key tool used by companies to attract, motivate, and retain their senior executives. They allow managers to become shareholders in their company and have a financial interest in its performance. This mechanism is particularly popular in startups and high-growth companies. The French Finance Law for 2025, enacted on February 14, 2025, […]

  • By Julien Delory
  • On April 10, 2025
Read