French club Bordeaux sold for one symbolic euro to American fund

Bordeaux has announced the transfer of its ownership to American investment fund Park Bench for one symbolic euro, with the buyer assuming the club's debts.

• Bordeaux announced the transfer of ownership to Park Bench for one symbolic euro (about $1.14), with the buyer taking on nearly 18 million euros in debt.
• Owner Gérard Lopez departs after five years in which the 2008-2009 French champion fell from the elite to the sixth division.
• Park Bench, owned by American Evan Sofer and British James Borde, also holds stakes in Spain's Córdoba and Scotland's Dunfermline Athletic.
• The sale requires approval from local regulators, adoption of the club's 2026-2027 budget, and a ruling from the Bordeaux commercial court to avoid liquidation.