This restructuring, which reduces the club’s debt from 53 to 13.5 million euros, responds to a point raised by the authorities to justify the administrative demotion of the club in third division.
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The beginning of a thinning for the Girondins, one week before their appearance before the French Olympic Committee (CNOSF) ? “We [a] reduced debt at club level by 40 million [d’euros]. We reached an agreement with the lenders, said club president Gérard Lopez on RMC on Tuesday July 12, confirming comments made to AFP on Monday by one of his relatives about new agreements with King Street and Fortress.
This restructuring, which reduces the club’s debt from 53 to 13.5 million euros, responds to a point raised by the authorities to justify the administrative demotion of the club to the third division. A decision that the club disputes.
Sportingly relegated to Ligue 2 at the end of the season, Bordeaux was demoted to National on June 14 by the DNCG, the French football management controller, after examining the club’s finances.
The Girondins have an appointment on July 19 in front of the CNOSF. If the opinion, advisory, of the body is favorable, the decision to maintain Bordeaux in L2 will then have to be approved the next day (July 20) by the executive committee of the federation.