BORDEAUX, France (AP) — The American owners of Liverpool are looking to purchase French club Bordeaux as they seek to expand their soccer portfolio.
Bordeaux said on Tuesday that the project to sell a majority stake to Fenway Sports Group has been presented to the Direction Nationale du Contrôle de Gestion, which monitors the finances of French clubs.
“We are working, hand in hand with them, as part of the continuation of negotiations and due diligence,” Bordeaux said in a statement.
Bordeaux, a six-time winner of the French title and most recently in 2009, is something of a distressed asset. It is currently appealing against a decision to relegate the club to the third tier and wants to secure guarantees of financing for next season.
Liverpool said in March that FSG, its owner since 2010, was looking to buy another soccer club.
___
AP soccer: https://apnews.com/hub/soccer
