Bordeaux: "Active partner", the town hall confirms contacts with two potential buyers

The city of Bordeaux confirmed this Friday to be involved in the choice of the buyer of a club released this Thursday by the American owner King Street. The town hall confirmed contacts already established with two potential buyers for the Girondins.

The Bordeaux club is in great danger. This Thursday evening, the American owner King Street withdrew financially, placing the Girondins under the protection of the commercial court.

The American fund GACP had taken sole control of the Girondins de Bordeaux, investing a total of 46 million euros since the takeover from M6 at the end of 2018, before leaving King Street sole master on board in December 2019. More upon the owner’s withdrawal, the mayor of the city Pierre Hurmic maintained this Friday in a press point that the city remains “an active partner”, while confirming contacts already with two potential buyers.

The buyer will have to show “an attachment to the club”

Pierre Hurmic told the press that the buyer will have to show “an attachment to the club, a love of football and a desire to territorialize this club”. The city will be “involved in the choice of the future buyer of the Girondins de Bordeaux”, added the local councilor.

This Thursday on RMC, a first candidate had already declared in the person of Bruno Fiévet, a 51-year-old businessman, confirming that he had already made an offer last September. To take over Bordeaux, it will be necessary to be able to pay off the club’s debt, which amounts to around 60 million euros, with related losses in recent months due to the coronavirus pandemic and the TV rights crisis. A representative was appointed on Thursday by the Bordeaux Commercial Court to “assist FC Girondins de Bordeaux in their search for a lasting solution”.

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