Gérard Lopez buys the Girondins de Bordeaux

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The Girondins de Bordeaux will officially change owners in the coming days. The club has just announced that an agreement has been reached between King Street, the current shareholder, Fortress the main funder, and Gérard Lopez. “Following long discussions over the past few days, an agreement was finally found between King Street, Fortress and Gérard Lopez validating the project carried by the latter. The guarantees requested by the board of directors, which met in the middle of the day, were provided in the hours that followed. ”

The club’s statement to the scapular continues. “These last elements met the expectations of the Rothschild bank, the club’s financial advisor and the ad hoc agent, thus avoiding the club’s placement in receivership. The resumption of the Girondins de Bordeaux remains conditional on the finalization of the usual contractual documentation, after consultation of the employee representative bodies and on the confirmation of the DCNG of the possibility for the club to continue its prestigious history in Ligue 1. “

Two more steps before the final sale

Gérard Lopez should therefore become the next president of the Girondins de Bordeaux and make this institution of French football avoid a legal redress which would have sent him to National 3. His offer was accepted, he who had approached Pascal in recent days Rigo and Stéphane Martin, who was already president of the club between 2017 and 2018, two local entrepreneurs. The club’s statement does not specify whether the two men are still included in the project led by Lopez.

However, the award is not quite finished. While the offer from the Spanish-Luxembourgish entrepreneur was deemed sufficient, there are still two formalities to be completed. Lopez must present his guarantees to the Metropolis of Bordeaux, which manages the rental of the Matmut-Atlantique. The rent is 4.9 M € per year. Finally, and as explained in the press release, there must be a mandatory passage in front of the DNCG. The famous financial policeman of French football must validate the accounts that will be presented to him.