Bordeaux and Angers will still play in Ligue 1 next season following the granting of their appeals against relegation imposed by France’s financial watchdog, National Management Control Department (DNCG), the clubs announced in a separate statement earlier this week. Due to financial problems, the club would be moved back to the second tier despite finishing twelve and thirteenth respectively last season.
Bordeaux, who has played continuously in Ligue 1 since 1992, is the club that has played the most seasons (69) at the highest French level next to Olympique Marseille (72). Businessman Gerard Lopez, the former Lille owner who is set to take over Bordeaux, drew up a business plan to convince the DNCG to reverse their decision. “The club is saved!” said Lopez.
The club was demoted to Ligue 2 on July 2, due to the withdrawal of its majority shareholder King Street. King Street invested €46 million in Bordeaux, but no longer “wished to support the club and finance its current and future needs”. Lopez emerged even as losses were reaching €80 million. “FC Girondins de Bordeaux will play the 2021/2022 season in Ligue 1,” the club confirmed in a statement.
Lopez, indicated, however, “a measure of supervision of the wage bill as well as a prohibition on recruitment for consideration beyond the transfers of players which will be carried out “. Meanwhile, Angers may also remain in Ligue 1 as the missing document consisting of the signature of the English club Wolverhampton, concerning the final transfer of Rayan Aït-Nouri has been received.
These are the documents that were not presented on time at the beginning of July. Four weeks before the resumption of the league, Angers provided all the financial guarantees. “Long life in Ligue 1, long live the SCO”, announced the president of Angers, Saïd Chabane. The club also borrowed seven million euros that will have to be repaid with the sale of players.
Meanwhile, Nantes had also been sanctioned of “framing of the wage bill and ban on recruiting for a fee”, earlier this month. However, the club announced the changes this week. “Following today’s hearing, the club welcomes the decision of the DNCG Appeal Committee completely lifting the measures pronounced at first instance”.
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