Bordeaux have recently faced financial turmoil, leading to their filing for bankruptcy and subsequent loss of their professional team status. This unfortunate turn of events occurred shortly after the club was relegated to the third tier of French football. The former Ligue 1 champions were demoted from Ligue 2 by the National Directorate of Management Control due to mounting financial concerns.
In a significant blow to their hopes of survival, Liverpool's owner, Fenway Sports Group, withdrew from takeover talks with Bordeaux. This decision effectively dashed any remaining prospects for the struggling club.
Expressing the gravity of the situation, Bordeaux released a statement acknowledging the challenging circumstances and the necessity of taking difficult decisions as part of an ongoing restructuring process. The club's announcement included the decision to relinquish their professional status, a designation they have held since 1937.
Furthermore, Bordeaux will be closing down their esteemed training academy, which has played a pivotal role in nurturing talented players over the years. Notable footballers such as Bixente Lizarazu, Jules Kounde, and Zinedine Zidane have emerged from this renowned academy, underscoring its significance in the football world.
