Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
AC Ajaccio, the French football club based in Corsica, has officially filed for bankruptcy before the judicial commercial court, resulting in the loss of around 180 jobs and the closure of its training center. This marks a major setback for the club, which will lose its professional status for the first time in 27 years. The financial collapse stems from a deficit of at least 13 million euros and the absence of a potential buyer. The Ajaccio club has therefore fallen and returned to an amateur level. Although the supporters has rallied together by launching a fundraising campaign, the outcome seems inevitable.
Eurofound (2025), AC Ajaccio, Bankruptcy in France, factsheet number 203196, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203196.