
The English investment company Park Bench acquired the French football club Bordeaux for one euro with the condition of accepting debts that would be reduced from 26 to 13 million euros.
AI-generated summary
The Bordeaux football club had large debts and was previously owned by Gerard Lopez's company.
The English investment company Park Bench acquired the French Bordeaux for one euro, according to the football club’s account on the social network X.
Previously, the club belonged to Gerard Lopez's company. According to L'Equipe, the sale will be accompanied by a renegotiation of the club's debts, with a repayment plan set to last twelve years instead of ten. Bordeaux's debt will be reduced from 26 million euros to approximately 13 million euros.
"The deal was concluded for a symbolic sum of one euro, subject to the assumption of the club's debt obligations. The signing of this agreement was an important step for the future," the club said in a statement.

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