Private Equity Is Buying Up the World of Football

Les Girondins de Bordeaux is one of France’s most historic and decorated , with a record of winning six League 1 titles and nurturing star players from Zinedine Zidane to Jules Koundé and Aurélien Tchouaméni. Yet at the start of the 2025–26 season, the club found itself on the verge of collapse, struggling to survive in the fourth tier of French football, after years of financial mismanagement, debt, and administrative sanctions.football clubs The fate of Bordeaux exemplifies a broader trend…