Bordeaux sold to US-based fund for one euro ahead of fresh sixth-tier start
Park Bench will assume about €18 million in debt as Bordeaux seeks approvals to avoid liquidation and begin its season in Regional 1.
86 Articles
86 Articles
It has been announced that Bordeaux, a six-time French Ligue 1 champion, has been sold for 1 euro. Bordeaux was relegated to a lower league in the 2022-2023 season after failing to meet its financial obligations.
Bordeaux, one of France's leading football clubs, has been sold to a US-based investment fund for just 1 Euro.
Bordeaux: Changes Hands for... One Euro - The Deal that Saves It From "Annihilation" - iefimerida.gr
Bordeaux is turning a page, as it has agreed to transfer from Gerard Lopez's company to Park Bench, for the symbolic sum of one euro. A new era is dawning for Bordeaux, which is taking an important step to leave behind the serious financial problems of recent years and avoid an even more ominous future. The historic French club announced the achievement of an agreement between Gerard Lopez's company, which controls the team, and Park Bench for i…
The competent authorities in the football area must give the approval to the operation, where the new owner assumes the debt of the institution
Six-time French champion club Bordeaux is about to be sold. The price tag is a paltry 11 kronor.
By signing an agreement with Gérard Lopez for the purchase of the club, the American company will allow the Girondins to avoid liquidation. And shoulder the responsibility to restore stability and a future
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