“We have reduced the debt by 40 million” announces Gérard Lopez

If we were convinced at the time of the call, we cannot be less convinced now.“. Gérard Lopez spoke this Tuesday evening on RMC. The president and owner of the Girondins de Bordeaux came to confirm the new agreement revealed by the newspaper 20 minutes with the creditors Kingstreet and Fortress. An agreement which should make it possible to convince the CNOSF , the French National Olympic and Sports Committee, whose conciliation is scheduled for next Tuesday.According to this agreement, the debt of the Girondins would drop from 53 million to 13.5 million euros.

We worked on the answersexplains Gérard Lopez. Maybe, until then, the communication had not been good, including on appeal since the motivation we received was quite strange with some basic errors of law. We worked to simplify everything.”

Lenders reduce debt by 75%.

The president of the Girondins relies on the two new elements which will be presented to the CNOSF. “I had the conciliator of the commercial court block 24 million, he specifies, instead of the ten originally planned. They are in receivership at the hands of the club so if the club stays in Ligue 2 the money is theirs. And, second element of weight, the debt is reduced by 40 million. We have reached an agreement with the lenders, Fortress and King Street, which waive 75% of the debt. Gérard Lopez believes that this should allow the Girondins to stay in Ligue 2. A positive opinion from the CNOSF will have to be confirmed in the process by the executive committee of the French Football Federation. Otherwise, the club would seize the administrative court for interim measures.

And if the club is liquidated and leaves in National 3, Gérard Lopez wants to be enigmatic when asked if he will leave. “Not necessarily“, he replies.

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