Park Bench fund buys Bordeaux for €1

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Park Bench fund buys Bordeaux for €1
Sports

Global Banking & Finance Review

Bordeaux was sold to US-based Park Bench for a symbolic €1, with owner Gerard Lopez exiting after five years that saw the 2008-09 Ligue 1 winners slip to the sixth tier. Park Bench, a data analytics and software company owned by Evan Sofer and James Bord, will assume debts reported close to €18 million. The deal requires approval from the regional management control commission and the Bordeaux commercial court, and the club must have an approved budget for 2026-27 to play in Regional 1 and avoid liquidation.

Park Bench assumes about €18 million of Bordeaux's debt.

Context

Bordeaux had repeated financial trouble and two administrations since 2021. Regulators…

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