Gerard Lopez (right), owner of Mouscron and soon of the Girondins – Shutterstock / SIPA
According to our colleagues from the‘Team, the soap opera concerning the buyout or not of the Girondins de Bordeaux is coming to an end. While several candidates were still in the running last week, former LOSC owner Gérard Lopez quickly emerged as the only one in a position to negotiate with the owners.
It is now done. Since Monday, an agreement already existed between the Spanish-Luxembourg businessman and King Street. This is also the case today with its main lessor, Fortress, who wanted to avoid going to court and leaving behind the debt granted to the club (38 million euros plus interest). Lopez’s funds also come from investment funds, and Fortress could become part of the club’s capital.
“I want to buy a club in debt and I will make a loan at 10% interest to finance the buyout. Hoping that trading and speculation on assets can repay my liabilities ”
Here is a little the business plan of Gérard Lopez which should recover Bordeaux– Pierre Rondeau (@ PierreR0ndeau) June 22, 2021
Bordeaux therefore avoids a receivership, but there are two steps left to finalize the operation and ensure to see the Girondins in Ligue 1 next season: settle the question of the rental of the Matmut-Atlantique with the Metropolis (4, 9 million euros per year) and the passage in front of the DNCG. Who will judge whether the financial package is solid enough or not …