Bordeaux (AFP) – Bordeaux and Angers will both play in Ligue 1 next season after their appeals against relegation imposed by France’s financial watchdog DNCG were successful, the clubs announced separately on Monday.
Bordeaux were spared after the presentation of a recovery plan put together by businessman Gerard Lopez, who is set to take over the club.
“The club is saved!” said Lopez after hearing of the DNCG’s decision.
“It’s a great day for Bordeaux and we will now get down to putting in place the sporting and economic project validated this evening.”
Bordeaux, who have won six league titles and are one of the biggest clubs in the country, saw former owners American financial group King Street appoint an administrator in April saying they wanted out after investing 46 million euros (55 million dollars) since buying the outfit in 2018 for 100 million euros.
Last week, Bordeaux city officials approved rental guarantees for the cash-strapped club’s city-owned Matmut Atlantique stadium from Lopez.
Angers are likewise in financial dire straits with the French top flight labouring under the cumulative effects of the pandemic and also the recent collapse of a broadcasting deal.
However, their provisional relegation to Ligue 2 for financial irregularities was also overturned on Monday, the club announced on Twitter.
25+ Channels With Sports & News
- Starting price: $33/mo. for fubo Latino Package
- Watch Premier League, Liga MX, MLS & World Cup
- Includes ESPN, FOX, Univision, TUDN and more
Favorite Leagues At The Best Price
- Starting price: $7.99/mo. for Live TV Package
- Watch Argentine league, Brasileirāo and Copa Libertadores
- Includes beIN SPORTS, GolTV, TyC Sports and more
Many Sports & ESPN Originals
- Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
- Features LaLiga, Bundesliga, MLS, Copa del Rey & more
- Also includes daily ESPN FC news & highlights show
Live TV, Soccer & Originals
- Starting price: $4.99/mo.
- Features Champions League, Serie A, Europa League & more
- Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
- Starting price: $4.99/mo. for Peacock Premium
- Watch 175 exclusive EPL games per season
- Includes Premier League TV channel plus movies, TV shows & more
Get All 3 And Save 30%
- $13.99/mo. for ESPN+, Disney+ & Hulu
- Includes Bundesliga, LaLiga, NHL & the home to UFC
- Features Marvel, Star Wars + shows & movies for your entire family