Liverpool owners FSG pull OUT of talks to buy cash-strapped French side Bordeaux - as club face relegation to the third tier amid financial woes
Daily MailBordeaux's problems deepened on Tuesday when Fenway Sports Group, owners of Liverpool, announced it was ending negotiations with the French club which is facing relegation to the third tier. FSG had been in contact with Bordeaux owner Gerard Lopez for several weeks and took part in the club's hearing with French football's financial watchdog the DNCG on July 9. 'Following extensive and constructive discussions with all stakeholders, Fenway Sports Group has made the decision not to pursue the acquisition of FC Girondins de Bordeaux,' the US group, which owns baseball's Boston Red Sox and the Pittsburgh Penguins ice hockey club as well as Premier League giants Liverpool, said in a separate statement. Ligue 2 side Bordeaux will not be the latest franchise to be purchased by Fenway Sports Group Liverpool's owners announced that they were ending ongoing negotiations The club's president Gerard Lopez had been in discussion with the group but now find a different solution to avoid relegation to the third tier Sources close to the talks said the cost of running Bordeaux's Matmut Atlantique stadium, as well as the disappointing outcome of the Ligue 1 television rights negotiations, played a part in the decision.
History of this topic
Liverpool owner John W Henry insists FSG are not selling Premier League club
The Independent
Liverpool executive: We're for sale
The Telegraph
Liverpool Owners Fenway Sports Group Would Consider New Shareholders
News 18
Fenway Sports Group puts Liverpool up for SALE after 12 years of ownership
Daily Mail)
French Football Federation loses 24 million euros due to COVID-19, says director general
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