Kahn backs out of Bordeaux deal

Oliver Kahn

Former Germany and Bayern Munich goalkeeper Oliver Kahn says he has backed out of a potential deal to buy struggling fourth-tier French club Bordeaux.

Khan sent an open letter to local newspaper Sud Ouest explaining he was not willing to pay the €50 million to fulfil the deal.

“It is therefore with great disappointment, despite extensive preparatory work and rigorous analysis, that we have taken the carefully considered decision not to pursue our takeover project,” he said in the letter seen by AFP.

Six-time French champions Bordeaux are currently in Nationale 2 after falling into financial difficulties.  – SuperSport.

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