Foot: in Chronic Deficit, the Matmut Atlantique Stadium in Bordeaux Passes in Public Administration

The Matmut Atlantique stadium in Bordeaux will pass in public administration, after a chronic deficit generated, announced the Bordeaux metropolis this Friday.

The Matmut Atlantique stadium in Bordeaux will pass in public administration, after a chronic deficit generated, announced the Bordeaux metropolis this Friday.

In the face of the financial gulf of the Matmut Atlantique, Bordeaux Métropole is changing its strategy. The forum will pass in public administration, with in line a revival by rugby and cultural events.

The public-private partnership of the major stadium will end on August 1st. An amicable agreement has been reached between SBA, the consortium operating the stadium, and Bordeaux Métropole, which will take it over for an estimated cost of more than 8 million a year. Christine Bost, its president also announced his refusal of the terms of the plan of recovery of the Girondins of Bordeaux, which would clear 90% of the club's debt to the community.…