The charisma of French Ligue 1 clubs to foreign investors is undiminished.
According to insideworldfootball.com, Broadcast group M6 acquired the club in 1999, but believes that with the financial stakes in competing for honours at the highest levels ever-increasing, new investment was considered necessary.
“Due to the growing financial power of several Ligue 1 clubs, M6 Group believes that the sale of FC Girondins de Bordeaux to GACP, which has set out an ambitious sporting vision backed by a long-term investment strategy, would represent the best option to maintain the club's position and help improve its results over time,” a company statement said.
GACP is a Miami, Florida-based business whose majority-owned and controlled by DaGrosa.
The Americans will be buying into one of France's challenger clubs which became a new 42,000 capacity stadium in 2015.
In 2013, the club won the French Cup. It also won three League Cups in 2002, 2007 and 2009, as well as two Champions' Trophies in 2008 and 2009.
The club has qualified for European competition 12 times in the last 19 seasons, and reached the quarter finals of the Champions League in 2010.
The women's team and the club academy are also renowned as being among the best in France.
This article was most recently revised and updated 4 years ago