Financial table: Ligue 2 · France 2020/21

Column

Financial table Ligue 2 2020/21, sorted by points
Pos.	Club
1	Pau	1215.2	3623%	354%	352%	30.8×	4	–	12.0	14	1.2
2	Rodez	1214.0	3217%	335%	354%	31.9×	4	12±0	12.0	15	0.8
3	Dunkerque	1114.2	3430%	344%	261%	31.3×	3	–	11.0	16	0.5
4	Grenoble	1012.7	3815%	228%	355%	22.5×	2	12−2	11.3	4	0.1
5	Niort	1012.2	3111%	228%	360%	22.5×	2	5+5	7.7	18	0.8
6	Châteauroux	911.6	33,158%	354%	087%	30.9×	3	10−1	9.7	20	1.2
7	Sochaux	911.6	3318%	352%	0112%	30.9×	3	9±0	8.0	7	2.1
8	Guingamp	911.2	3125%	344%	0129%	31.2×	3	10−1	9.7	9	−0.1
9	Amiens	911.0	3102%	333%	179%	22.1×	2	7+2	8.3	10	0.5
10	Chambly	910.6	3193%	335%	088%	31.8×	3	10−1	9.5	19	0.1
11	Ajaccio	79.4	240%	224%	262%	13.2×	0	7±0	5.3	13	0.2
12	Auxerre	67.4	237%	228%	0187%	22.6×	0	3+3	4.7	6	−11.5
13	Clermont	45.3	3133%	18%	0101%	011.5×	1	8−4	7.3	2	−0.3
14	Caen	45.1	365%	120%	0116%	04.1×	1	9−5	7.7	17	−10.7
15	Troyes	45.1	377%	113%	0139%	06.6×	1	9−5	7.3	1	−5.3
16	Toulouse	34.1	252%	16%	099%	014.8×	0	3±0	3.7	3	−2.1
17	Paris FC	33.8	233%	114%	0107%	06.1×	0	3±0	2.7	5	−2.7
18	Valenciennes	22.7	113%	16%	083%	016.4×	0	0+2	0.7	11	−0.9
19	Le Havre	00.0	0−76%	0−33%	0127%	0equity < 0	0	2−2	1.3	12	−9.6
20	Nancy	00.0	0−125%	0−58%	093%	0equity < 0	0	0±0	0.7	8	−3.6

Source: DNCG / Ligue de Football Professionnel, 2020/21 · 20 clubs

Clubs by points

12
11
10
9
7
6
4
3
2
0

2 of 20 clubs meet all four targets; the fewest points come from the wage ratio

2020/21, points per ratio, at most 12

Source: DNCG / LFP, individual club accounts

Ajaccio: from place 17 to place 11 in the financial table

Place 1 to 20 by points, 2018/19 to 2020/21

Source: DNCG / LFP, individual club accounts

Troyes: place 1 in the table, place 15 on finances, the widest gap in the Ligue 2 2020/21

Ligue 2 2020/21, rank correlation −0.41

Source: DNCG / LFP, individual club accounts; final tables

Method

Four key figures, 0 to 3 points each, equally weighted, 12 at most. Three points: target met. On equal points the fine score decides: within each band, the distance to the next threshold; above the target, the distance beyond it with decreasing weight; at most 4 per key figure. Then the average of all seasons. Peer group: the clubs of the same league and season.

Key figure	3 points	2 points	1 point	0 points
Fixed-asset coverage AC Equity ÷ fixed assets	> 60%	> 30%	> 0%	≤ 0%
Equity ratio EQ Equity ÷ total assets	> 30%	> 20%	> 0%	≤ 0%
Wage ratio WR Wage bill ÷ revenue	< 60%	< 70%	< 80%	≥ 80%
Leverage LV Debt ÷ equity	< 2	< 3	< 4	≥ 4 or negative equity

DNCG revenue excluding transfers, so higher wage ratios; shareholder loans count as debt. Subsidies from third parties are not on the balance sheet. Points are not licensing criteria of the leagues. Definitions: Data and method.

Scoring and thresholds after Christoph, Meenzer on Tour: ‘Die Finanzen der Männer-Bundesliga-Clubs: Abschlusstabelle 2026’, 21 August 2026.