M6: in talks to sell FC Girondins de Bordeaux
(CercleFinance.com) - M6 Group has said that it has entered into exclusive talks with the GACP General American Capital Partners Investment Fund (US), to sell its entire stake (100%) in the football club, FC Girondins de Bordeaux.
M6 Group acquired FC Girondins de Bordeaux in 1999, when the team won the French championship for the fifth time. Under its control, the club notched up an array of other Cups and Trophies, such as 1 Coupe de France (2013), 3 League Cups (2002, 2007 and 2009). The team also moved to a more modern stadium in 2015.
“Due to the growing financial power of several Ligue 1 clubs, M6 Group believes that the sale of FC Girondins de Bordeaux to GACP, which has set out an ambitious sporting vision backed by a long-term investment strategy, would represent the best option to maintain the club's position and help improve its results over time,” M6 said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
M6 Group acquired FC Girondins de Bordeaux in 1999, when the team won the French championship for the fifth time. Under its control, the club notched up an array of other Cups and Trophies, such as 1 Coupe de France (2013), 3 League Cups (2002, 2007 and 2009). The team also moved to a more modern stadium in 2015.
“Due to the growing financial power of several Ligue 1 clubs, M6 Group believes that the sale of FC Girondins de Bordeaux to GACP, which has set out an ambitious sporting vision backed by a long-term investment strategy, would represent the best option to maintain the club's position and help improve its results over time,” M6 said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.