Kahn announced that he would give up the acquisition of Bordeaux club, which had previously offered €50 million

Former German national gatekeeper Kahn announced that he would give up the acquisition of the French Bordeaux Club.

Bordeaux has now dropped to the fourth-tier French league. Last week, Kahn submitted an "asset transfer plan" to the commercial court, and the media said his offer was 50 million euros. The current management of the Bordeaux club will attend the hearing and propose their proposal to ensure that the club continues to survive and develop.

However, this week Kahn issued an open letter announcing his abandonment of the acquisition of Bordeaux, due to various financial, operational, legal and other factors that he and his investment partners consider. "This winter, I decided to consider becoming the new owner of the Bordeaux club. In January 2025, I submitted a formal offer to the current boss with a proof of funding, and then submitted a offer to the court. But after a lot of preparation and rigorous analysis, we still made a carefully considered decision to no longer implement our acquisition plan." Kahn also expressed his gratitude to the local authorities and fans of Bordeaux.