Liverpool owner Fenway Sports Group will buy Bordeaux, the former French league powerhouse announced on Tuesday.
Bordeaux, six-time champions of France, the last of them in 2009, lately see with good eyes the decision to relegate the club to the 3rd division and are promises of investment for next season.
“FC Girondins de Bordeaux and its shareholder have been informed through Fenway Sports Group of their resolution to continue the talks begun in recent weeks with a view to the purchase of the club,” Bordeaux said in a statement. “The reasons for this resolution come with the maximum load of the stadium in the coming years and the general economic climate of French football. “
The French league was on the brink of a primary crisis just days ago before striking a last-minute deal on domestic broadcasting rights for next season. According to the newspaper L’Equipe, the league on Sunday approved “exclusive negotiations” with DAZN and beIN Sports for a total amount of 500 million euros ($545 million) for the next five seasons. It has not yet announced the main points of the agreement.
Bordeaux indicated that it will continue to seek selective answers to finalize “a financing plan for the 2024-2025 season in preparation for the appeal hearing. “