Park Bench fund rescues Girondins de Bordeaux
Bordeaux's Girondins could be bought by the investment fund Park Bench, according to the daily Sud‑Ouest on Thursday, thus avoiding the judicial liquidation that threatened the club. If the deal is confirmed, the club will start its season in Regional 1 with its debts reduced.
The worst has been avoided, as the club will no longer be threatened with judicial liquidation. This positive outcome paves the way for a sporting revival.
Renegotiation of debts and conditions of the takeover
The agreement, announced at the Bordeaux commercial court, links the English of Park Bench to Gérard Lopez. It provides for the renegotiation of the club's claims, reducing them from €26 million to €13 million.
In return, Gérard Lopez, described as the most hated man in the city, would have to transfer his shares for a symbolic euro, relinquish his claims and the clause of return to better fortune. This transfer aims to free the club from any future financial claims.
OM, FC Nantes and OL see Bordeaux dodge liquidation as Park Bench deal closes
The file also includes the 2022 severance payment for coach Vladimir Petković and his assistant Antonio Manicône. The two men were demanding more than €15 million, but will receive only €2.1 million.
The payment of the Matmut Atlantique rent and the validation of the registration documents remain pending. Their resolution is essential for the Girondins to register in Regional 1 and focus on sport.
Some are finally wondering whether the saga is coming to an end. Members have posted six comments on the article, reflecting public interest.