Girondins de Bordeaux' American ownership under scrutiny as club face July deadline to avoid risk of liquidation
Alamy | Joseph DaGrosa (left) is pictured alongside Girondins de Bordeaux' previous owner Nicolas de Tavernost (right) and former mayor of the city Alain Juppe.
The Ligue 1 club's majority shareholder, American investment firm King Street, recently withdrew funding, placing Bordeaux into administration.
A plan for the continuation of the club's activity will have to be presented and validated by the French league's financial overseer before mid-July.
If their debt is not restructured and a buyer is found before then, the club could be placed into judicial liquidation.
29 April 2021 - 7:00 PM
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