Soccer-Bordeaux enter administration after owners pull financing ...Middle East

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Soccer-Bordeaux enter administration after owners pull financing
source : Devdiscourse ( Middle East ) () 44
French side Girondins de Bordeaux have been placed in administration after its owners, investment management firm King Street, said they no longer wished to support the club financially, the Ligue 1 side said on Thursday. The former French champions have been struggling financially due to the impact of the COVID-19 pandemic and the premature end to the 2019-20 season also resulted in a loss of income when the league season was cancelled.

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