In April 2020, Nenking Group officially became the owner of the Football Club Sochaux-Montbéliard, one of the founding members of the French League.

During the 2022/2023 season, the club faced financial difficulties and needed a capital injection from Nenking in order to remain in the French Ligue 2.

[17] While Romain Peugeot, the great-grandson of the club's founder, had concluded an agreement for a takeover offer allowing the group to remain a 33% shareholder of FC Sochaux-Montbelliard,[18] Nenking did not respect his commitment to pay the 4 million euros planned.

The club was founded nearly a century ago by French automobile company Peugeot and they won the top division league title in the 1934–35 and 1937–38 seasons, the French League Cup in 2004 and the Coupe de France, the country's premier knockout cup competition, in 2007.

[20] The Nenking company sold FC Sochaux on 25 August after causing a chaotic management situation that almost led to the demise of a club that was almost a hundred years old.