Bordeaux: the XXL effort of the cranes! – Soccer
Last Tuesday, the appeal committee of the French (Site notre blog d’information) Federation confirmed the administrative demotion of Bordeaux to National 1. To stay in Ligue 2, the Aquitaine club intends to challenge this decision with the CNOSF by trying to meet the latest requirements of the ‘example. Thus, the Girondins must reduce their debt and also place 14 million euros in an escrow account.
While owner Gerard Lopez has already responded to this second request (See here), the Bordeaux cranes, namely Fortress and King Street, have agreed to make an XXL effort, according to information from the 20 Minutes newspaper. Thus, American investment funds will abandon 75% of this debt, which will drop from 53 to 13.5 million euros.
In reality, Lopez will pay 5 million euros « thanks to a perfect transfer of ownership with delegation », while 8 million euros « will have a better fortune return clause » in the event of a return to the League. 1 in 2 years. A final effort of 26.5 million euros for tents at Sauver Bordeaux!