French club Bordeaux sold to U.S. hedge fund

  • Football Premium
  • Wednesday, 07 Nov 2018

FILE PHOTO: Soccer Football - Ligue 1 - Olympique Lyonnais vs Bordeaux - Groupama Stadium, Lyon, France - November 3, 2018 Bordeaux's Andreas Cornelius celebrates scoring their first goal with team mates REUTERS/Emmanuel Foudrot/File Photo

PARIS (Reuters) - French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television to Los Angeles-based hedge fund General American Capital Partners (GACP), the French firm said on Tuesday.

"M6 Group has today finalised the sale of the Football Club Girondins de Bordeaux to the U.S. investment fund General American Capital Partners (GACP) for 100 million euros (87.18 million pounds)," M6 said in a statement announcing their results for the first nine months of 2018.

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