Toulouse FC: "Youth academy and transfers are at the heart of our business model" (JF Soucasse)

Toulouse FC are reducing their budget by 7.6%, from €35.4m to €32.7m. "We are a low cost setup and our business model is based on the exploitation of our training centre as well as our management of transfers," Jean-François Soucasse, CEO of Toulouse FC told NTF on the 06/06/2013. Soucasse also commented on the club's poor attendances (the club are only expecting to sell 6,000 season tickets for 2013/14) and analysed the impact of the two and a half years of work that began in May 2013 at their stadium.

• BUDGET

Toulouse FC's budget was cut from €35.4m to €32.7m in 2013/14, a decrease of 7.6%. How will the club will he achieve this reduction?

We have allowed ourselves these cutbacks by reducing our number of staff and bringing our payroll and contract extensions under control. We are increasingly relying on our youth academy, because our business model is based on its success alongside our success in the transfer market. This business model has always worked and it is a…