Despite chronic deficits posted in recent years and the sporting cataclysm linked to the descent into Ligue 2, the Girondins de Bordeaux continue to arouse the interest of institutional investors. Funds that are ready to join the adventure while considering interesting financial prospects thanks to the establishment of an economic model more suited to the Bordeaux ecosystem and… to the functioning of professional football. Decryption.
€20m. This is the average net negative result per season posted by the Girondins de Bordeaux over the period 2010-21! Admittedly, the impact of Covid-19 has increased the level of losses during the 2020 and 2021 financial years. Nevertheless, over the past decade, the club has never managed to break even.
“Earning money and self-financing your activities happens very rarely in football. The Girondins are no exception to this rule. Under M6, the club was losing between €7m and €15m per season. But it’s not dramatic. A football club does not need to post a positive net result every year as long as it has a strong shareholder behind it” analysis David GluzmanBanker specializing in structured finance and connoisseur of the Girondins de Bordeaux.
Precisely, a solid shareholder, FC Girondins de Bordeaux is actively looking for him. Even if its owner, Gérard Lopez, prefers to speak of “financial partners” when he speaks publicly on this subject. And the sporting and financial misadventures of recent seasons do not deter institutional investors from taking an interest in the case of the Girondins. According to information recently revealed by Sud Ouestthree North American investment funds have seriously approached the Hispano-Luxembourg businessman for a minority stake in the capital of the club.
