On Wednesday, August 24, 2011, the French Football Federation (FFF) confirmed the demotion of RC Strasbourg to CFA 2 (National 3) due to the liquidation of the Alsatian club. Ten years later, these are the Girondins of Bordeaux who risk the same fate if no agreement to take over the club is quickly found. A situation that would be dramatic for this monument of French football.
The only hope therefore lies in the person of Gérard Lopez, this Hispano-Luxembourgish businessman who was on the verge of sinking the LOSC, a club which owes its survival to the investment fund Merlyn Partners, which together with Olivier Létang forced Lopez to sell its shares in Lille OSC.
A liability which therefore does not play in favor of Gérard Lopez which must therefore put real guarantees on the table, hence the slowness of the negotiations. According to L’Equipe, however, optimism is in order. In fact, Gérard Lopez is obviously on the right track for buy back the Girondins de Bordeaux. He would indeed have found an agreement in principle with King Street and Fortress, but is asking for a delay to obtain the funds via a lender fund, in this case Oak Hill Capital Partners.
The dice are now cast, and if the case finally fails, the Girondins of Bordeaux should simply be administratively relegated and lose their professional status.