Bakery, pharmacy ... the unexpected debts of the Girondins

Bordeaux is in debt under 94 million euros... and has to pay back bakers, winemakers and pharmacies! The financial situation of the Girondins of Bordeaux exceeds the understanding. According to the team, the club has 94 million euros of debts. And the list of creditors is totally surreal. The state, the USSRAF, the Treasury Public, Bordeaux Métropole: the institutions are waiting for their dues. But this is not all, football clubs too, according…

Bakery, pharmacy ... the unexpected debts of the Girondins

The Girondins de Bordeaux faces a critical financial situation. On May 27, the commercial court will decide the fate of The post Bakery, pharmacy … the unexpected debts of the Girondins appeared first on French Football Weekly.

The Girondins of Bordeaux are facing a critical financial situation. On 27 May, the commercial court will decide on the fate of the club, with a liability of almost 94 million euros. However, Gérard Lopez, president and owner, proposed to reduce the debt by 40 million euros, which would allow the club to go down below 55 million euros, reveals the Team. The court's decision will therefore be crucial for the future of the club. The club's liabili…

Opta, Amiens, and a bakery - Bordeaux owe €94m in debt ahead of a crucial court decision - Get French Football News

Girondins de Bordeaux’s off-field troubles deepened this week as documents submitted to creditors revealed the club’s real debt before renegotiation stands at an alarming €93.9 million, according to a report from L’Équipe. On 27th May, the Commercial Court will rule on Bordeaux’s proposed recovery plan. If the plan is not approved, the club could face insolvency or even liquidation. L’Équipe do report, however, that majority owner Gérard Lopez i…

Touch the bottom, and dig again. Girondins' debts are close to 94 million euros. The team announces that the...