In an economic universe in great difficulty, the accounts of French pro clubs revealing a loss of 645 million euros over the 2020-2021 season (including 225 million for PSG alone), Bordeaux will have to tighten their belts for (on) live in Ligue 2.
The charges must go from 120 to 50 million Euros.
From an economic point of view, the gap is huge between league 1 and the league 2. Toulouse, 1st budget of L2 this season is 22 million euros, only Clermont had a lower budget in L1 this year. Reynald Brion, Doctor of Management Science, Sports Specialist calculated the financial impact of the demotion.
We would go from a provisional budget which was estimated this year at 112 million euros at the start of the year during the takeover to revenues of approximately 30 to 35 million euros for the club, for expenses which would be estimated to them, no longer at 120 million euros this year, but at 50,000,000 euros. So that’s 20 million euros to be filled, in particular by player sales – Reynald Brion
The sale of the players in theory could bring in 42 million euros
The Girondins de Bordeaux will therefore first have to drastically reduce their lifestyle to lower their costs from 120 to 50 million euros, which will unfortunately involve layoffs among the 250 employees of the club, but also by the sale of players. In this area, the gap between theory and practice will be against the navy and white believes Reynald Brion
Based on sites that estimate the value of players like Transfermarkt, and there are still some players who are estimated above 5 million euros like Rémi Oudin or Ottavio and who could help to minimize the costs of lowering. If we just stick to the ribs, there is a potential of 42,000,000 euros. It’s impossible, quite honestly, to get that money, in practice I think we can get 20 million euros – Reynald Brion
Difficult marriage between football business and local football
But will all these sales leave the Girondins de Bordeaux with a workforce allowing them to fly over league 2. Not sure, a fortiori, next season when there will only be two tickets to go up against three potentially this year. Financially, the club will benefit from “descent amortization”, financial aid distributed by the LFP and also money injected, by this same league, into French football. after the agreement signed with the Luxembourg investment fund CVC. On his side the scapular club, association of local entrepreneurs, remains mobilized and always willing to help and invest in the Girondins de Bordeaux. To date, this territorial will may not yet have the power it hoped for and nor the place it deserves. But in the coming weeks necessity could make law and unite for the good of the Girondins de Bordeaux a football of finance and a football of the territories which seem for the moment to have difficulties to function together.