Now or never: Girondins de Bordeaux play their future against CNOSF

After being rejected twice by French football’s financial policeman, Bordeaux plays its future Thursday (2:00 pm) during a hearing before the French National Olympic and Sports Committee (CNOSF). It’s now or never, and it’s an entire club that’s praying to be rescued at its fullest.

In any event, Girondin hopes that CNOSF will provide a favorable opinion on their request for conciliation, as soon as Friday evening and most likely on Monday. In this case, the file will be referred to the Executive Committee of the French Federation (FFF) which will have to make an urgent decision before the resumption of Ligue 2, on Saturday 30 July.

Girondins are a laboratory for everything not to do in football.

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Hope gives life to Bordeaux, who has been fighting for weeks to avoid demotion, headed by controversial president Gerard Lopez, who is very much in the media to save this French football monument, as he already did last summer when he bought the club. of former US contributors.

Surrounded by its mission are lawyers and representatives of the world of local economics supported by the elected officials of the city of Bordeaux and parliamentarians from the Gironde who denounced a few days ago “Death note“This threatens the club, the Spanish-Luxembourg businessman managed to get a ruling on Tuesday approving his bailout from the Bordeaux Commercial Court.

reduced debt

Legally speaking, this is better than the order issued by this same court before the passage at the beginning of July before the appeal committee of the French football financial police DNCG: the body did not take this into account in its decision to keep the club. The demotion, to the chagrin of Bordeaux’s leaders, claimed that there were a number of “obvious errors” in the motives of the federal body.

This embodiment provision seals the conciliation agreements between Girondin and their US creditors King Street & Fortress in respect of the debts, which have been reduced by 75% (from 53 million to 13.5 million euros), and forfeited by 24 million euros (10 inches). capital increase, 14 guarantees of player sales during the transfer period).

FCGB is not on hold for payments and the terms of the agreement guarantee the sustainability of the club within the framework of its maintenance in Ligue 2, the various measures that allow the club to have positive cash flow until June 2023“, refers to the court. This consent shall allow for the possibility of lifting.”The recent misunderstanding so far expressed by the football authorities. We are confident of the futureOn Tuesday evening, Deputy Director-General Thomas Jacquier was appointed.

It remains to be seen how the CNOSF conciliators, who should submit their advisory opinion on Friday evening or early next week, and then the “Comex” of the FFF if this opinion is in favor, see this document added to the file. Is it threatened by inadmissibility?

Because if we refer to Article 5 of the DNCG Regulations, “Any new document and/or commitment that the contacting club wishes to present must compulsorily be submitted no later than during the hearing before the Appeals Committee and shall, on that date, be duly specified.“.

To protect themselves, the Purdue leaders, knowing their project was not viable at the National, requested an appointment with the Sports Ministry following their passage in front of CNOSF. AFP has learned from the ministry that this meeting is scheduled for Friday afternoon with the office of Minister Amelie Odea Castera.

Gérard Lopez, President of the Girondins de Bordeaux.

Credit: Getty Images

No one was asked for special treatmentGerard Lopez confirmed, Rather, the issue should be dealt with fairly. Our only demand is justice. “Historically, Nice (2002) and Lens (2014) obtained a positive judgment after appearing before CNOSF conciliators, then validated by Comex. On the other hand, Strasbourg (2011) and Le Mans (2013) also succeeded in convincing CNOSF but It is not the FFF that confirmed the administrative cuts.

If the Girondins, who started a big social plan at the same time, don’t get the green light from Comex to return to L2, they can rely on this consent ruling if they decide to file an interim injunction with the Administrative Court.

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