Fenway Sports Group is "no longer pursuing a deal to purchase" French Ligue 2 club Bordeaux after reports emerged last week that early discussions had been held about a potential deal. The "financially stricken club" is faced with demotion to the Championnat National for next season if they cannot "provide proof of a workable budget in the next two weeks, with the talks with FSG having been seen as a way to avoid such a fate." But with the "costs attributed to future costs" for Bordeaux's Matmut Atlantique Stadium, "as well as the wider issues around French football’s economic picture, with concerns over the value of the next broadcast deal, a decision has been made to end negotiations." Sources said that there was "likely a lot of heavy lifting to be done from an operational standpoint" if the acquisition had taken place, "something that also may have played a role in breaking off talks" (LIVERPOOL ECHO, 7/16).
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