Bordeaux sold for €1 to US fund Park Bench; debts assumed

Girondins de Bordeaux, a six-time French champion, was acquired by US investment fund Park Bench for a symbolic €1, with the buyer taking over the club's debts from previous owner Gerard Lopez. This marks a transfer of a distressed football asset, reflecting the financial strain in French football. The deal's long-term viability remains uncertain given the club's debt load.