Super Eagles player's Club On The Verge Of Collapse

  Super Eagles player's Club On The Verge Of Collapse By Sampson Adedeji The reports coming from France has it that Girondins Bordeaux club of Nigeria's Super Eagles winger, Samuel Kalu, is presently on the verge of collapsing, BSNSports.com.ng reports. Since the commencement of the season, the club has been struggling which led the owner American fund King Street, decided to stop funding the club. The management of the club late on Thursday night announced that the club has been placed under the protection of the Bordeaux Commercial Court. " The economic context linked to the COVID-19 pandemic and the withdrawal of Mediapro has caused an unprecedented drop in revenues for French football clubs. These events come on top of the financial consequences that already hit clubs hard last season due to the early closure of the season and the resulting loss of income. While FC Girondins de Bordeaux is heavily impacted, King Street, its owner, after investing €46m in the club since its takeover, has let it be known that they no longer wish to support the club and finance its current and future needs. These circumstances led the president to protect the club by placing it under the protection of the Bordeaux Commercial Court. An ad hoc representative has been appointed, who will be responsible for assisting Girondins de Bordeaux in their search for a lasting solution," the statement reads. Kalu is yet to return for the club due to injury he is presently nursing.