the essential
The new leaders of the Basque club (Pro D2), whose financial health is uncertain, have also revealed the names of new financial partners.
The new leaders of Biarritz Olympique, summoned on Tuesday May 7 by the Rugby Regulatory Authority, presented “the guarantees and guarantees necessary for the proper functioning of their club”, indicated the latter in a press release revealing the names of new financial partners.
The BO, sold at the beginning of April by the duo Louis-Vincent Gave (owner) and Jean-Baptiste Aldigé (president) to a trio of three former players led by Shaun Hegarty, passed a much-awaited stage by the control body which will now examine the documents presented.
If no figures emerged from this meeting, the new directors of SAS BOPB did, however, reveal the names of three partners, including the businessman Pierre-Édouard Stérin, 104th largest French fortune, boss of the fund. Otium Capital investment and founder of Smartbox. Mr. Stérin stood out last year by wanting to buy Editis.
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According to Le Monde, he is now a candidate to buy Marianne. The two other partners cited by the BO are Pierre Rondinaud, director of Horizon 7, a consulting firm, and former journalist Pierre Fraidenraich, co-founder of B SMART (Production and distribution of audiovisual media). “Aware of the club’s difficulties and the impact of relegation, Pierre-Édouard Stérin and Pierre Fraidenraich decided to get involved with the SASP BOPB.
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Very attached to the Basque Country, sensitive to the values of sport and the history of the BO, their initiative allows us to take a decisive step for the future of the club,” added the Basque club. Two days before the end of the season of Pro D2, Biarritz is 14th with seven points ahead of Montauban, 15th and current play-off.
