Fenway Sports Group Withdraws from Bordeaux Club Purchase

Fenway Sports Group (FSG), the owners of Liverpool, have decided not to pursue the acquisition of French club Bordeaux due to concerns over the significant cost of stadium repairs and the economic context of French football. This decision follows extensive discussions and collaboration with stakeholders, as confirmed by statements from both FSG and Bordeaux. The collapse of the deal adds to Bordeaux's financial uncertainties, especially after being provisionally relegated by the French football watchdog, DNCG. FSG's withdrawal highlights the challenges and risks of investing in European football beyond the Premier League, emphasizing the need for financial prudence and stability in club operations.