In 2001, Montpellier introduced a women's team. Renato Sanches's late goal earned Lille a 2-1 home win against Montpellier as they consolidated third place in Ligue 1 on Friday. Edinson Cavani became Paris Saint-Germain's all-time top goal scorer as the Ligue 1 leaders eased to a 4-0 victory against Montpellier. First-half goals from Radamel Falcao sent Monaco back into the League Cup final after a 2-0 home win against Montpellier on Wednesday. With the club competing consistently in the first division, Montpellier sought to increase its competitiveness by hiring Aimé Jacquet. In 1989, after playing under various names, the club changed its name to its current form. Montpellier is owned by Laurent Nicollin, the son of the late Louis Nicollin, a French entrepreneur, who had been owner since 1974. After the departure of Darui, the club was ordered to pay up to ₣5 million after the federation discovered financial and accounting irregularities in the club's accounts.

The club's steering committee decided to dissolve the club and return to its former name Stade Olympique Montpelliérain, which resulted in the club's debt being erased in the eyes of the federation. The club's president was suspended from football for five years and Montpellier were relegated for the first time. Montpellier veteran Souleymane Camara netted a late winner as they came from behind to beat Paris St Germain 3-2 in Ligue 1 on Tuesday. On 1 June 1974, the club merged with up-and-coming club AS Paillade and changed its name to Montpellier Paillade Sport Club Littoral #MPSCL#.

The zenith of the rivalry came in the 1995–96 Coupe de France semi-final.

Nicollin dissolved his club, was installed as Montpellier's president, and brought his players and management over to Montpellier. In 1966, Bessède, because of his duties as a clergyman, left his post.

The rebuilding process was immediate as the club returned to the Division d'Honneur after one season. Despite being tied on goals with Paris Saint-Germain attacker Nenê, he was named the league's top scorer by the Ligue de Football Professionnel due to finishing with more goals in open play. In an effort to rebuild, the club changed its name to Sports Olympiques Montpelliérains and recruited several new players, most notably Branislav Sekulić, Roger Rolhion, and the three Kramer brothers from Switzerland. €-12.30m. The new club remained in Division 2 until earning promotion to Division 1 after winning the second division in 1946. Girard also brought back Nenad Džodić, who he installed as captain. In the spring of 1953, the club's president, known by the surname Fox, brought in former French international Julien Darui to act as a player-coach. Olivier Giroud, who finished the season with 21 goals and 9 assists, was the league's top goal scorer. Montpellier is currently on the 4 place in the Ligue 1 table. 25.8, Foreigners: By 1969, Montpellier had lost its professional status and were playing in the Championnat de France amateur.

The original club was founded in 1919, while the current incarnation was founded through a merger in 1974. Montpellier currently plays in Ligue 1, the top level of French football and plays its home matches at the Stade de la Mosson, located within the city.

The federation subsequently gave Fox a lifetime ban from French football. After the success, Mézy left the club again and several of the club's players slowly began to depart for better opportunities. After slowly ascending up the league system with managers such as Robert Nouzaret, Kader Firoud, and Jacques Bonnet, Montpellier returned to the first division under the leadership of Michel Mézy for the 1987–88 season. The problems led to several players leaving the club for Formation Sportive de Nettoiement, an emerging sports outfit led by entrepreneur Louis Nicollin.

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