Talks between GACP Sports, who were linked with a possible Newcastle takeover , and Bordeaux majority shareholders King Street Capital are said to be continuing amid fan unrest at the club.
Bordeaux trounced Nimes 6-0 on Tuesday, but despite that scoreline, the main talking point was a 25 minute stoppage as fans invaded the pitch to protest at the ownership position.
Bordeaux’s Ultramarines – the largest fan-group at Bordeaux – are demanding the resignation of club president Frédéric Longuépée, who has insisted he is not going anywhere, according to French publication 20minutes.fr.
The whole situation between the fans and the club is reminiscent of what is happening at Newcastle with Mike Ashley, and Toon fans will certainly be able to sympathise with their French counterparts.
But Magpies fans have another possible vested interest, with news last week that Joseph DaGrosa wants to sell GACP Sports’ stake in the club, before making new investments – hopefully regarding a takeover at Newcastle.
If that is his, and the group’s, intention, it is crucial the talks between the two shareholder groups at the club come to an amicable agreement, as any potential Newcastle offer could be dependent upon their ability to offload their stake in Bordeaux.
The American group still seem most likely to launch Newcastle takeover bid
GACP Sports, of course, are the group whose reported interest in buying Newcastle was fronted by Peter Kenyon, and they still seem the most likely to formulate a realistic bid.
They also set up a number of new companies, which are intended to be used for funding the purchase.
Time will tell if they can agree to part ways with Bordeaux, and then launch a subsequent bid to take the club of Ashley’s hands, but some Newcastle fans had questioned the GACP’s vision for the club, as seen in the leaked business plan brochure.
The result may leave fans with a dilemma: whether to hope for GACP Sports to succeed with any future takeover attempt, in order to be free of Ashley at any cost; or wary of them becoming the new owners, and preferring to stick it out for as long as possible in the hope of a better offer coming along.