Home Sports Cashless Bordeaux is downgraded to the third level

Cashless Bordeaux is downgraded to the third level

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This season, the club finished last in League 1 and was preparing for the campaign in League 2 for the first time since the early 1990s.

But on Wednesday it was sanctioned by the National Directorate of Control and Management (DNCG), which ordered a further reduction in National Division 1 after an audit of Bordeaux finances.

Bordeaux, the Champions League champion in 2009, has confirmed that he is appealing the decision, which reportedly will give him an extra two weeks to put his finances in order and he can still raise extra funds.

Aurelien Chouameni’s move from Monaco to Real Madrid for 100 million euros is likely to bring in about 11 million euros, and Bordeaux will get a significant figure if Sevilla sell Jules Kunde, who has been closely linked to Chelsea.

Bordeaux is said to have debts of about 40 million euros, but a statement on its website shows confidence in reversing the decision.

“Hearing on June 14 DNCG, the club presented a guarantee of re-participation of the majority shareholder in the amount of 10 million euros, an agreement with the owners of the club’s debt, as well as offers to sell several players whose total amount exceeds the target [Professional Clubs Control] commission, ”their statement reads.

If “Bordeaux” hastens to undo the relegation to National 1, it will play in 2022-2023 in Ligue 2.

https://www.beinsports.com/au/ligue-1/news/cash-strapped-bordeaux-demoted-to-third-tier/1900017

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