Bordeaux continues to navigate through troubled waters. Despite an imminent agreement for the takeover of the club by the Sparta Capital fund, the Girondins should be sanctioned by the National Directorate of Management Control (DNCG). According to information from
Southwest and of The Teamthe financial guarantees necessary to maintain the club in National 2 will not be available before its appearance, scheduled for this Tuesday, before the financial policeman of French football.
Two outcomes are now being considered by the FFF control body. The first would consist of postponing its decision by leaving the Girondins file pending. The second, much more serious in consequences, would result in a temporary demotion to National 3, pending a possible appeal.
The calendar plays against the Girondins
Despite this threat, the future of the club does not seem definitively compromised. According to The TeamSparta Capital is about to buy 67% of the capital of the Girondins, while Gérard Lopez would retain the remaining 33%. The fund plans to invest nearly 20 million euros over the next three years, including six million from this summer in order to pay off the club’s debts.
The main obstacle, however, remains the schedule. The funds should only be credited to the Girondins’ accounts within a fortnight. In the meantime, Sparta Capital and its new partners will try to convince the DNCG to grant them a deadline, while the managers and future majority shareholders will be heard this Tuesday. In the absence of immediately available liquidity, a sanction therefore appears to be the most likely outcome.
