Grenoble Foot 38, commonly referred to as simplyGrenoble orGF38, is aFrench association football club based inGrenoble. The club plays its home matches at theStade des Alpes, a sports complex based in the heart of the city, and wears white and blue.
The original incarnation of the club was founded in 1911 and, in 1997, was formed into the club that exists today as a result of a merger. Grenoble currently plays inLigue 2, the second level ofFrench football, after having gone into bankruptcy and relegation to the fifth level of French football in 2011.
The club was founded in 1911 asFootball Club de Grenoble. In 1997, a merger ofOlympique Grenoble Isère andNorcap Olympique led to theGrenoble Foot 38 incarnation. Olympique Grenoble Isère played in Ligue 1 in the 1960–61 and 1962–63 seasons.
In 2004, Grenoble Foot was acquired byIndex Holdings, a Japanese mobile software company, therefore becoming the first French football club to have foreign owners. The price of the deal was around €2 million.[1][2] The new owners invested in theStade des Alpes, a new ground with an initial capacity of 20,000 which opened in February 2008.[3] Grenoble finished the2007–08 Ligue 2 season in third place, thus returning toLigue 1 for the first time since 1963.
In the2008–09 Ligue 1 season, Grenoble finished 13th.[2] However, after losing their first eleven games of the following season, they were eventually relegated with six games remaining amidst severe financial problems.[4][5] In the same season, Grenoble reached the semi-finals of theCoupe de France for the only time, defeatingMonaco 2–0 at home in the quarter-finals on 18 March 2009,[6] and losing by a single goal toRennes in the semi-finals on 21 April.[7]
The professional football club was liquidated in July 2011 with debts of €2.9 million, and relegated administratively toChampionnat de France Amateur 2, the fifth tier.[8][9] Index provided false financial statements during their ownership of the club.[2][10]
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.