Fenway Sports Group (FSG), owners of Liverpool FC, have ended discussions regarding the acquisition of French club Girondins de Bordeaux.
Bordeaux, facing relegation to the third tier due to financial difficulties, announced FSG’s decision, citing the high future costs associated with the club’s stadium and the overall economic uncertainty in French football.
FSG confirmed their initial talks with Bordeaux last week. The struggling French club, with six Ligue 1 titles to their name, is appealing the provisional relegation decision by the French football watchdog (DNCG).
“Following discussions, both FC Girondins de Bordeaux and its shareholder have been informed by FSG of their decision not to pursue the potential acquisition,” a Bordeaux statement confirmed. “The significant expense of the stadium in the coming years and the broader economic climate of French football were key factors in this decision.”
FSG, who appointed Michael Edwards as their Chief Executive of Football earlier in 2024, had explored the possibility of acquiring a second club alongside Liverpool. While expressing disappointment at the unsuccessful negotiations, FSG offered well wishes to Bordeaux and its supporters for the future.
