Gérard Lopez, “the acrobat of finance” at the foot of the wall

«We can see football as a completely crazy factory that would produce a good product one week and then a bad one the following week.When he confided in Le Figaro after having set foot in French football by taking over LOSC, Gérard Lopez did not imagine five years later being caught up again by the worst-case scenario, which he feared, at the Girondins from Bordeaux this time.

At the end of 2020, already, he had been forced to let go of control of the northern club (bought 80 million euros in 2017), finding himself unable to repay the debt borrowed from the Eliott fund (225 million euros). Bis repeated with the accounts in the red of the Girondins. On Tuesday, the National Directorate and Management Control sanctioned the club of which it is the owner of a placement in National 1 (the third level of hexagonal football). A new blow after the sporting demotion and a catastrophic season in Ligue 1 (20th and last in the championship).

Read alsoBordeaux sentenced to Ligue 2: a descent into hell in ten key dates

Lopez on one knee