Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement

Full Tilt Poker comment in their latest press release on the happenings surrounding the company.

PokerStrategy.com received the following exclusive press release:

"Full Tilt Poker and Groupe Bernard Tapie Sign Acquisition Agreement

Dublin, Ireland (September 30, 2011) Laurent Tapie, Managing Director of ‘Groupe Bernard Tapie’ announced today that the group has signed an exclusive agreement with the Board of Directors of Full Tilt Poker to acquire the company and all of its associated assets.

This agreement, which includes the repayment of Full Tilt Poker’s world-wide players in full, is subject to several conditions; the first of which is a favorable resolution with the United States Department of Justice. Discussions with the United States Department of Justice will begin immediately.

‘Groupe Bernard Tapie’ has over 30 years of experience in the salvation of financially distressed businesses, with over 40 companies acquired and managed to profitability, the most well-known being the sport equipment giant, Adidas."

Related news:

Interview with Laurent Tapie on iGamingFrance.com
AGCC Revokes the License of Full Tilt Poker
AGCC Determination Notice: DOJ Seized $331 Million, Full Tilt Insolvent
Exclusive: Full Tilt Poker Press Release - 29/09
Opinion: AGCC, you failed

Comments (130)

newest first
  • #1

    Weeeeee
  • #2

    go nanard :)
  • #3

    oh my....GOGOGOGOGOGOGOO!the roller coaster ride is just brutal...
  • #4

    French for the win :) Bravo !
  • #5

    please let it be true
  • #6

    Cool?
  • #7

    me gusta
  • #8

    the merry go round starts again
  • #9

    weeeeeeeeeeee
  • #10

    j'adore france
  • #11

    License?
  • #12

    WEEEEEEEEEEEEEEEE
  • #13

    "several conditions" ... meh
  • #14

    yooo, one time!
  • #15

    who is in the Board of Directors of Full Tilt Poker?
    thanks
  • #16

    I am only wearing Adidas from now on!
  • #17

    I'd use my one-time but this would be the 15th time.
  • #18

    hell yeah, go frenchies!
  • #19

    le nice
  • #20

    bravoooo
  • #21

    wooot wooot!!!!!!!!
  • #22

    wow... everyday we get new FTP news
  • #23

    This is out of this world, crazy. So FTP is seized by the FBI and black friday happens, everyone panics, it goes online again, everybody is safe... then it goes down because it's license is suspended. In one month everything will be ok... no it's not, it's still suspended, but investors have shown interest. Initial investors are not interested anymore, no more hope... but wait some french group is now interested... hope. The lincese is revoked, everybody says "RIP FTP" and says goodbye to their bankrolls. Then a statement is made where it's said that the french investors are going trough with the deal :D what's next? I actually like the rollercoaster, love it. Hope for the best, prepare for the worst.
  • #24

    Ok its time for my ONE TIME too :)
    so.. ONE TIME cmon!
  • #25

    Fulltilt probably is coming back on a big door. Great news.
  • #26

    +1 #23 :D
  • #27

    @Gabinr1 Don't be such a Debbie Downer!
  • #28

    Vive la France!
  • #29

    omfg
  • #30

    adidas in FTP store from now on? nice...
  • #31

    C'est magnifique!!!
  • #32

    vive la france !
  • #33

    mr.Tapie please get a license from a regulator not named AGCC!
  • #34

    don't be so happy, wait the doj's decision now !
  • #35

    I just hope to get our money back.
  • #36

    boom
  • #37

    Allez nanarrrrr
  • #38

    It would be much cheaper for the new investors to buy what's worth of Full Tilt (patents, software) after the company declares bankruptcy and just start from scratch. But if they actually go for this - repaying the players in full - I think that would be a big thing in terms of trust and credibility. If they really do that - I'd play on FTP again. Which might be a stupid thing to say, because if they don't - then no one will play. :)
  • #39

    ONE TIME! Used mine now also
  • #40

    Years of me being an Adidas fan are now repaid imo :)
  • #41

    no words/.. :)
  • #42

    Jizz in my pants!!
  • #43

    ONE TIME !
  • #44

    Go Olimpique de Marseille....
    He managed to get Marseille league of champions bringing fulltilt back will be easy one
  • #45

    Think for the tapis group it a challenge to make bankrupt company to profitable company.

    After making Full tilt back on rail and kicking ass they will point tell pokerstar "Ha ! In your face your bad beat was fated when the Bernard Tapis group said Tapis !!!"

    Tapis = All in XD
  • #46

    hold now plz
  • #47

    DOJ for the love of GOD dont mess this up, PLEASE!!
  • #48

    pleeeeeeeease hold my little heart cant take much more
  • #49

    BÄHM
  • #50

    @48: me too! Think that my money will go to my wife cause I will have a heart attack really soon!
  • #53

    Fingers crossed everybody!
  • #54

    LAST TIME
  • #55

    + posted after Korn
  • #56

    1 timeeeeeeee!!!!!!!!!!!!!!!!
  • #57

    /dance
  • #58

    bernard a casse
  • #59

    #51 nice one! :D
  • #60

    So.. we are very very deep, and after sick preflop action, motherfucking crazy flop action and insane turn action we find ourselves all in with only river to come.. hold?
  • #61

    Finally the French are good for something :)))
  • #62

    BERNARD TAPIE and ADIDAS

    Groupe Bernard Tapie bought Adidas from Dassler sisters in july 1990 for 1.6 billon francs (now €243.918 million), made huge changes in the compagny (changed the flower logo to the actual triband, relocations....) and sold it in feb 1993 for 4.458 billon francs (€683.514 million).

    He's no longer Adidas owner, but this story is the best accomplishment of Groupe Bernard Tapie.

    Hope he does the same with FTP...
  • #63

    What doest the "DOJ" stands for? I can't find it anywhere...
  • #64

    deparment of Justice
  • #65

    Department of justice
  • #66

    lol at #63 first hit on google
  • #67

    Yeah Buddy hell yeah lets bring tilt back online a.s.a.p!!! we have been waiting 4 months all the other sites suck!! FTP yes we will
  • #68

    Bernard Bloody Tapie, is this the same man who was owner of french football team Marseille who were several years later found guilty of bribing a referee to win the champions league
  • #69

    This is his son, but it looks as they can 'manage' things nicely...;)
  • #70

    I guess a major point in the discussion with the DOJ will be the (non)payment of penalty fees as the money sized by the DOJ is enough to pay players back world wide, not only in the US. Anybody got any any news on this front?
  • #71

    well I won't be back at full tilt if they can do it once they can do it again
  • #72

    #68
    shhhhhhh ya idiot
    We take back our BR first, you cashout if you want, then we ll see what happens...

    Nothing was said in post 68
    Bernard Tapie is a great guy ladies and gentlemen (applauses plse)
  • #73

    Wow, thats a good news. Gotta visit France next holiday!
  • #74

    What are the several conditions which have to be met for a sucessfull sale? Didn´t find anything on google...
  • #75

    about time ,nice 1 tapie ,i will be playing ftp np
  • #76

    If players do get their money back 1st thing I'd do is take it out and deposit in another site.
  • #77

    Meh, the "conditions" will be significant and aren't likely to be resolved in the short term. Favourable resolution with the DOJ probably means the DOJ handing over funds to repay players and a reinstated license.

    Step in the right direction but I think we have a few more months (if not years) before seeing a penny...
  • #78

    Quote #46 amplifyd: hold now plz

    +1. Been a rough flop & turn, let's hope the river holds :)
  • #79

    #68 ^^

    Successful company owned by someone who was jailed for cheating for his prized team so they can win.

    Yup, FTP is in better hands, we hope.
  • #80

    AGCC reaction to the news http://www.youtube.com/watch?v=Lr-Iw...eature=related
  • #81

    tapie can kiss my arse he denied my team the chance to play in the champions league final coz of bribery i'll never forgive him for that
  • #82

    tapie all is for given ,plus its is dad whofix in it
  • #83

    die $2,68 sind sicher, fick ja
  • #84

    never heard of the saying like father like son and whats the group name trying to buy it oh yeah Bernard tapie group
  • #85

    Welcome to the Full Tilt Roller Coaster!!!!
  • #89

    May this be the beginning of a new Friday.
  • #90

    White Friday
  • #91

    white friday lol
    @16 funny:)
  • #92

    France fuck yeah?
  • #93

    i remove all previous comments involving cheese eating surrender monkeys.
  • #94

    Hold, Hold, please HOLD
  • #95

    from #86 link
    "he expets to open the site by january 2012", the long wait will kill me.
  • #96

    i don't get it. Does this actually mean anything more than FTP announcing: "we're negotiating with potential investor"? Sure this Groupe Bernard Tapie is well known for and can't be bad news but the company isn't rly committed to do anything yet, just as no other possible investors before were.
  • #97

    Im listening to #51 song and I am honestly crying tears of joy.
  • #98

    One time!!!!
  • #99

    Paying back US Players will be extremely problematic, since those whose so-called deposits were accepted by FTP but never completed by a payment processor should not be included -- since they never actually paid out any money.
    But I'm happy. I'm infinitely closer to my FT Bankroll than I was this morning, but still oh so far away.
  • #100

    #96 the difference here is that they signed something, acquisition agreement that is, nobody signed anything with FTP before, they were just rumours
  • #101

    omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg omg
  • #102

    Bernard Tapie isn't the cleanest guy. He's done many dodgy stuff in the past.
    But GL anyway
  • #103

    All we have to do now is fade the river
  • #104

    holy crap on a cracker !
  • #105

    "favorable resolution with the United States Department of Justice"

    yeah keep dreaming...
  • #106

    Y, existence of a signed agreement is by far the most positive thing we've heard in months. Jan 2012 is a long time to wait, by which time inflation will have turned my BR into around 20 cents... but w/e, good news is good news.
  • #107

    If FT opens again im never leaving !!! This will be the most secure site for at least another 3-5 years !
  • #108

    "Level up! Your respect for the French has gone up 10 points!"

    is how I feel right now.

    Excuse me now, I gotta go out and buy some Adidas.
  • #109

    +1 #23 Had a good laugh :)
  • #110

    2012 i dont care to bad the doj is such a litle bitch!! i hope ftp reopens sooner ime dying to play!! lets do this!
  • #111

    Come onnnnnnnn ONE FING TIME :)
  • #112

    je vais à tapis!!!
  • #113

    nice one ... respect ;)
  • #114

    great step :)
  • #115

    #44: don't forget that after winning the CL, Marseille was relegated to divison 2 due to active corruption so all those titles won by Marseille weren't probably won in the pitch only...

    I'm don't trust this Tapie group, they just represents another mob, probably a more powerful mob, but a mob nevertheless, who will use our money to laundry even more money, make dubious investments, and so on. That is, they'll do whatever Lederer did, with the exception of being more "professional" on behind-the-scene business than the amateurs surrounding Lederer.

    I just can't believe why people are just focused on having FTP back (either because they miss Rush poker, are poker addicts or whatever reason) and keep having their eyes wide shut at the big issues that Black Friday should have rinsed in every poker player mind...
  • #116

    instant boner
  • #117

    50 years old and I haven't used my one time yet, so here goes. ONE TIME
  • #118

    HOLD UP
  • #119

    "I just can't believe why people are just focused on having FTP back" - um... let me think, BECAUSE THEY HAVE MONEY THERE?
  • #120

    time to run good
  • #121

    always love the french than the american:}
  • #122

    Good news
  • #123

    If this means the players getting their money back,i am all for it.Thats all that matters for me here.I couldnt care less about Fulltilt anymore.I will never play there again even thou i didnt lose any money there...well i did in the past...this is not a first by any means.Fulltilts credibilty for me is out the window wether it was management or not...the name brand has been tarnished.And also the poker industry online as a whole has taken a huge hit.I at least hope somethin will happen to those higher up..but most likely not now that they got all the players money to hire the best lawyers of the land to get off.Lets hope there is a happy ending to all this and all players gets whats theirs.JBCD71 AKA Johnyy ACES Cabral
  • #124

    ill have my 70 bucks weeee
  • #125

    Bernard Tapie and Full Tilt Poker... two names that define integrity and honesty in business dealings.
  • #126

    Italians players VOTE for FRANCE !!!
    viv la France! viv FTP!!
    the best poker software have to come back!!
  • #127

    trying again...
  • #128

    hu hu hu :)
  • #129

    give it to me baby
  • #130

    To Pokerstrategy, where have u got this from? in the Interview with Bernard Tapie, he denies that Laurent have made any statements like this.
  • #131

    Hahahahahah... Another bullshit.... Aren't you tired of all this lies?! ... Half a year of stupid news regarding FTP recovery. Your money is gone. Get used to it. No need to get excited by any so called good news about FTP... What's next?! In january you will say that FTP will be back on june and so on... Bla bla bla, bullshit.
  • #132

    @ #115 signed !!!
  • #133

    hu hu hu