Bordeaux Handed Further Relegation After Financial Review

Bordeaux Handed Further Relegation After Financial Review

Bordeaux granted further relegation after the financial review.

Six-time French champion Bordeaux suffered another blow in the third tie on Tuesday.Twitter

Bordeaux was regulated for the second time in less than a month when it was relegated to third place in France on Tuesday due to financial irregularities. At the end of the season on May 21, the six-time French champions were at the bottom of Ligue 1. On Tuesday, the French League (LFP) announced that following a financial review, the club, owned by businessman Jared Lopez, had been punished. Further deportation to National 1, Third Division. The club may appeal.

Bordeaux is in financial trouble and has been unable to convince the French league’s financial overseer, the DNCG, that he has resolved them.

Bordeaux was also abandoned by the DNCG in 1991 with a debt of 300 million francs (approximately 45 million euros) but returned in 1992 and has been on the top flight ever since.

Lopez, a Spanish-Luxembourg businessman, took over the club last summer.

He had previously owned Lily, but was evicted by creditors due to financial problems at the club.

Promoted.

He took over the Belgian club Mouscron in 2020. The club was abandoned in 2021 and closed last month.

(This story has not been edited by NDTV staff and is automatically generated from a syndicated feed.)

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