Bordeaux: the demotion of the Girondins to National 1 confirmed on appeal by the DNCG

Bordeaux: the demotion of the Girondins to National 1 confirmed on appeal by the DNCG

The verdict of the DNCG appeal committee concerning the Girondins de Bordeaux fell on Tuesday. Administratively downgraded to National 1 due to debt, the club will evolve well in the third division. Or even lower…

Catastrophe for the Girondins. Downgraded in mid-June as a precautionary measure from Ligue 2 to National 1 by the DNCG (National Management Control Department) due to an extremely perilous financial situation, Bordeaux saw the decision of the financial policeman of French football be confirmed on Tuesday on appeal. The record of the decision is available on the FFF website.

In the aftermath of a catastrophic season within the elite (20th place), which resulted in a sporting relegation to Ligue 2, the club with the scapular and its president Gérard Lopez clearly failed to present the financial guarantees necessary to get the green light from the instance and secure their place in the second division. According to information from RMC Sport, the club should seize the French National Olympic and Sports Committee (CNOSF), but without really believing it.

The management will also try to seize the judge in chambers of the administrative court. Objective: to obtain the suspension of the decision, before a judgment on a cancellation which would take several months. Civil justice will be the last resort, relying on a favorable order from the Bordeaux Commercial Court.

A debt of 52 million euros

To get out of it before the DNCG, an agreement was necessary with the American creditors King Street and Fortress who hold the debt of the club (52 million euros). Precisely, Gérard Lopez had to find 40 million euros in order to obtain the green light.

In recent days, his entourage let it be known that common ground had been found. “It’s signed,” then welcomed a close friend of the Hispano-Luxembourg businessman, not really varnished in recent months in terms of football between his ousting at the end of 2020 from the post of president of Lille, the descent into the amateur world of Mouscron in Belgium, of which he was the majority shareholder, and the financial difficulties of Boavista, a Portuguese club in which he also owns shares.

The National 1… before the National 3?

A question now arises: will FC Girondins de Bordeaux really evolve into National 1 or is it in fact doomed to start from even lower? In the event of failure of the appeals, or if the deadlines are too long, the club risks filing for bankruptcy, then compulsory liquidation, because it does not have the means to ensure its lifestyle in the third division. A judicial liquidation would put an end to the professional structure of the Girondins, who would be forced to revive sportingly with the amateur team, currently in National 3 (fifth division).

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