US investment company wants to take over Girondins Bordeaux

Bordeaux (SID) The traditional French football club Girondins Bordeaux may be facing a sale. The American investment company GACP is offering the previous owner, the French television channel M6, which belongs to the RTL Group, 72 million euros for the current eleventh-placed team in Ligue 1 as well as a guarantee of investments and assumption of liabilities in the amount of 80 million euros. The six-time French champions had their most glorious time in the 80s, when Dieter Müller, Klaus Allofs, Uwe Reinders, Caspar Memering, Manfred Kaltz and Gernot Rohr played there. Rohr, now the national coach of World Cup participants Nigeria, also led Girondins to the UEFA Cup final against Bayern Munich in 1996. Bordeaux also brought out stars such as Alain Giresse, Jean Tigana and Zinedine Zidane. If the Americans succeed in the takeover, the club members would still have 0,01 percent of the club. In France, unlike Germany, there is no 50+1 rule, according to which the club must retain a majority stake in the club. GACP wants to give a guarantee that it will remain the owner of the club for at least four years. During this time, the club's value should be increased for resale. The US investors see potential primarily in sponsorship, e-commerce, merchandising, TV rights, the training academy for talent and a more intelligent strategy for admission prices - whether these should go up or down remains unclear in the 32-page advertising brochure. France's clubs have long opened their doors to foreign investors. AS Monaco belongs to a Russian oligarch, Paris St. Germain to the state of Qatar. While they keep their football team for image reasons, GACP makes no secret of the fact that it wants to sell the club again at a profit in the medium term.

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US investment company wants to take over Girondins Bordeaux

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