FSG Withdraws Offer to Purchase French Club Bordeaux

Fenway Sports Group (FSG) Pulls Out of Deal to Purchase French Club Bordeaux

Liverpool owners Fenway Sports Group (FSG) have decided to pull out of a potential deal to purchase Ligue 2 side Bordeaux, citing failed negotiations to reach an agreement for the financially troubled French club.

Bordeaux, facing the threat of demotion to the Championnat National, the third tier of French football, if they cannot provide evidence of a feasible budget within the next two weeks, had sought a lifeline through a possible acquisition by FSG. The club’s financial woes, largely tied to the operational losses of their 42,115-seater Matmut Atlantique Stadium, have left them fighting for survival.

The potential purchase of Bordeaux for around €40 million was under consideration, but with broader economic uncertainties looming in French football, including doubts over the value of future broadcast deals, FSG ultimately decided to terminate the negotiations.

In a statement, FSG expressed gratitude to all stakeholders involved in the discussions but confirmed their decision not to pursue the acquisition of FC Girondins de Bordeaux. The club now faces the challenge of appealing their provisional relegation and securing their place in Ligue 2 for the upcoming season.

Despite their financial struggles, Bordeaux remains a significant player in French football, with a loyal fan base, a storied history, and a reputation for developing young talent. However, the club has been in desperate need of investment since entering administration in 2021.

The news of FSG pulling out of the deal has left Bordeaux in a precarious position as they navigate their future in French football. The club will now have to explore other avenues to secure their financial stability and competitive standing in the league.