Financial table: Ligue 2 · France 2023/24

Column

Financial table Ligue 2 2023/24, sorted by points
Pos.	Club
1	Angers	1215.0	3342%	3109%	359%	3−0.1×	4	3+9	5.0	2	11.9
2	Troyes	1114.0	3149%	361%	267%	30.6×	3	9+2	8.5	17	−2.1
3	Pau	1113.8	3512%	345%	266%	31.2×	3	11±0	11.3	10	0.0
4	Annecy	1113.5	388%	339%	261%	31.5×	3	12−1	11.5	14	−1.7
5	Rodez	1113.0	3438%	331%	360%	22.2×	3	10+1	11.2	4	0.0
6	Concarneau	1013.3	3432%	356%	173%	30.8×	3	–	10.0	19	−1.7
7	Quevilly-Rouen	1012.2	3911%	332%	268%	22.1×	2	10±0	10.0	18	0.1
8	Guingamp	911.8	3196%	367%	081%	30.5×	3	10−1	10.0	9	−0.8
9	Laval	911.3	3112%	348%	082%	31.1×	3	11−2	10.0	7	−0.6
10	Ajaccio	810.2	235%	224%	346%	13.1×	1	6+2	5.3	15	0.3
11	Saint-Étienne	67.4	365%	224%	084%	13.2×	1	7−1	5.8	3	−1.7
12	Caen	67.1	382%	222%	0103%	13.6×	1	9−3	8.0	6	−8.5
13	Bastia	56.6	234%	115%	263%	05.7×	0	6−1	5.7	13	0.1
14	Amiens	45.5	395%	116%	0104%	05.3×	1	7−3	7.5	8	−5.8
15	Grenoble	33.2	11%	10%	179%	0242.6×	0	5−2	8.7	11	−3.8
16	Auxerre	23.8	126%	119%	086%	04.2×	0	9−7	5.2	1	−14.0
17	Paris FC	23.0	123%	15%	0127%	017.9×	0	9−7	4.7	5	−14.1
18	Dunkerque	22.3	18%	10%	083%	0290.0×	0	–	6.0	16	−0.1
19	Bordeaux	00.0	0−1,287%	0−251%	0178%	0equity < 0	0	0±0	1.2	12	−55.4
20	Valenciennes	00.0	0−24%	0−12%	0113%	0equity < 0	0	0±0	0.3	20	−7.5

Source: DNCG / Ligue de Football Professionnel, 2023/24 · 20 clubs

Clubs by points

12
11
10
9
8
6
5
4
3
2
0

One club meets all four targets; the fewest points come from the wage ratio

2023/24, points per ratio, at most 12

Source: DNCG / LFP, individual club accounts

Ajaccio: from place 17 to place 10 in the financial table

Place 1 to 20 by points, 2018/19 to 2023/24

Source: DNCG / LFP, individual club accounts

Auxerre: place 1 in the table, place 16 on finances, the widest gap in the Ligue 2 2023/24

Ligue 2 2023/24, rank correlation 0.03

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.