Gerard López Luxembourg is in the eye of justice. The businessman faces a prison sentence during his trial in the coming months. More
The blackout continues for Luxembourgish businessman Gerard López, who owns the Girondins de Bordeaux. He is now in the sight of justice in his country and may well be behind bars.
Gerard Lopez is facing justice
this is local media Necessary Which echoes this new information. Gerard López and his partner Eric Lux have been charged by the Luxembourg courts of forgery and the use of forgery. Information confirmed by the prosecution. This case, which will be judged as corrective, is punishable with a jail term of 3 months to 5 years.
The facts reportedly took place in 2014 and relates to a transfer of 2 million euros between a Lotus Formula 1 team based in the United Kingdom and owned by a pair of entrepreneurs, Fola Eich, whose chairman was Gerard López at the time, and the company Lynx. Investment Limited is based in Hong Kong, owned by Eric Lux.
At the moment, the two men are presumed innocent and Gerard López disputes the facts that the courts have accused him of. The magistrates of the Council Chamber of the Luxembourg Court will soon have to decide whether the two men should be brought to justice.
their struggling club
This new case is part of a particularly difficult cycle for Gerard Lopez. The Luxembourg businessman, regularly criticized for his ties with Russia and Vladimir Poutin, led the Lille club to the title of champion of France during the 2020–2021 season. But his arrival in Bordeaux was not as successful. The club is relegated at the end of the season.
Its other investments in the sports sector are also facing difficulties. This is the case of the Belgian club Royal Muskron, whose owner was also the same. The team was declared bankrupt at the end of May. Their third team, Portuguese club Boavista, was banned from recruiting. The Reason? French international Adil Rami is yet to be paid a salary.
From a judicial point of view, the name of Gerard Lopez has been associated with several cases in recent years. Thus the LOSC filed a complaint against X for misappropriation of corporate assets with reference to the transfer of Victor Osimhen. It is the former club leader who will be in the sights. His presidency of the Lotus F1 team would also have been marked by a questionable financial arrangement. He was questioned on suspicion of money laundering.
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