End of the road for King Street as Bordeaux hangs out For Sale board
March 3 – US private equity investor King Street has put French Ligue 1 side Girondins de Bordeaux up for sale as the club’s finances come under increasing strain due to the Covid-19 pandemic.
Bordeaux CEO Frédéric Longuépée recently informed the club’s employees of a plan to safeguard jobs in the wake of an €80 million hole in the club’s accounts. But even before the health crisis Bordeaux were reporting losses year on year,
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