Overview

• On June 2 Kahn announced he would not proceed with the takeover after reviewing the club’s financial, operational, legal documents
• His January 2025 bid envisioned a €50 million injection, which collapsed after due-diligence concerns
• Bordeaux has accumulated about €94 million in debt and has fallen to National 2 following relegation from Ligue 2 and court protection
• President Gerard Lopez has proposed a ten-year plan to reduce debt to €26 million, subject to creditor approval
• A Bordeaux commercial court will review that continuation plan on June 13 to determine the club’s future viability