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Ligue 1: Bordeaux towards receivership?

2021-06-22T15:35:57.721Z

The Girondins club gave until Tuesday to the duo of buyers Lopez-Rigo to further guarantee their offer. After this period, the club for



The Girondins put pressure on the duo of buyers Gérard Lopez and Pascal Rigo on Friday, saying they were considering reorganization proceedings if they did not present a more financially solid offer before Tuesday.

“At the end of the various exchanges today with the candidates (Lopez and Rigo) who announced (Thursday) to merge their project, no new element likely to reassure the club as to their financing capacity and the evidence of their funds. 'has unfortunately been brought,' said the club's management to the scapular in a statement.

New



press

release from the Girondins de Bordeaux: threat of judicial reorganization proceedings

👉 https://t.co/CQwUn0bj9T#Girondins pic.twitter.com/Q6U35vLhN9

- Girondins4ever (@ Girondins4ever) June 18, 2021

"Given the irreducible deadlines inherent in a reorganization procedure and in order to allow the new buyer to present his provisional accounts to the DNCG before the actual resumption of the Championship, the declaration of cessation of payments must be filed with the registry of the Commercial Court Tuesday June 22 at the latest, ”warn the Girondins.

Bordeaux leaders therefore give the duo of buyers three days to refine their offer and provide new financial guarantees "to avoid the implementation of such a procedure".

Such a procedure is a double-edged sword. On the one hand, according to article 103 bis of the Administrative Regulations of the Professional Football League, a L1 or L2 club which benefits from a safeguard plan or a transfer plan approved by the Court prior to the effective resumption of the 2021-2022 championship, will be admitted to participate in the championship in the division in which he has been sportingly qualified - Ligue 1 in this case. But on the other hand, it is the DNCG, the financial policeman of the LFP, which will have the last word and can decide on the demotion of the club during its passage in front of it during July.

If Bordeaux is relegated to L2 or even N3, the championship in which its reserve team plays, it is the Toulouse club (Ligue 2), beaten during the accession-relegation dam by Nantes, which could be promoted on the green carpet. .

Source: leparis

All sports articles on 2021-06-22

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