Bordeaux informed Fenway Sports Group (FSG) that FSG decided not to continue negotiations for the purchase of the club, citing high stadium maintenance costs and the uncertain financial situation in French football.
Bordeaux faces potential relegation to the third tier National 1 by the DNCG due to failure in providing guarantees for the 2024-25 season. The club is appealing the decision.
FSG, after initially expressing interest in acquiring Bordeaux, confirmed their decision not to proceed and expressed disappointment. They wished the club and its supporters well.
FSG's appointment of Michael Edwards earlier this year aimed to identify and manage a second club, aligning with their operations concerning Liverpool and European football.
Collection
[
|
...
]