Representatives from Fenway Sports Group (FSG) are currently in France to discuss a potential takeover of Girondins de Bordeaux. The French side has endured financial difficulties since the COVID-19 pandemic began in 2020. In fact, due to decreased revenue in recent years, Bordeaux entered administration and then changed ownership in 2021.
The new owner, however, could not right the ship quickly enough. Bordeaux finished bottom of the table following the 2021/22 season, ensuring relegation from Ligue 1. Later that summer, French authorities sent the club down to the third division because of financial problems. Nevertheless, the Girondins successfully appealed the decision and were reinstated in Ligue 2 for the 2022/23 campaign.
Bordeaux then nearly earned immediate promotion back to the top flight. The team came in third during the 2022/23 season, just three points from a place back in Ligue 1. However, the Girondins subsequently finished middle of the pack in the most recent campaign. As a result, they will soon compete once again in Ligue 2.
Liverpool executives meet with France soccer officials amid takeover talks
According to France Bleu Gironde, FSG officials are currently in France to negotiate with Bordeaux’s current owner, Gérard Lopez. The two sides are attempting to work out a deal to essentially help save the historic club. The news source reports that three American key figures at FSG traveled to the French city earlier this week to help iron out a deal.
FSG is currently led by John W. Henry and Tom Werner. The duo famously own Premier League side Liverpool, MLB’s Boston Red Sox, and now NHL team the Pittsburgh Penguins. Both Liverpool and the Red Sox have collected league titles since being purchased by FSG. The group only just completed a takeover of the Penguins in late 2021.
Not only have the Americans met with Bordeaux’s current ownership, but they are also courting French soccer officials as well. The aforementioned…
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Author : Chris Moore
Publish date : 2024-07-09 14:59:15
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