Historic, Debt-Laden French Football Team on Sale for Just €1
- AC Ajaccio is based in the Mediterranean island of Corsica
- Second division team has been struggling both on and off pitch
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AC Ajaccio, based in the Mediterranean island of Corsica, plays in the same league as teams owned by the billionaire Arnault family and footballing superstar Kylian Mbappe. Only two years ago, it was playing Leo Messi’s Paris Saint-Germain.
Now it’s for sale for just €1. There’s a catch. The club’s adviser, Jordan Mathias of CMM Partners, says he’ll take offers from buyers who are also able to take on the debt of the club. This is around €8 million.