American consortium takes over French soccer club Bordeaux
Posted November 06, 2018 6:00 am
BORDEAUX, France (AP) - An American investment fund has completed the takeover of six-time French champion Bordeaux.
The sale was officially finalized on Tuesday following several months of discussions between previous owner M6 - a TV channel - and General American Capital Partners.
M6, which bought Bordeaux in 1999, said the deal was worth 100 million euros.
Bordeaux is currently 11th in the French league.
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