Olympique Lyonnais announces that it is “in exclusive negotiations” with the American John Textor

OL should go under the American flag. Holnest, Pathé and IDG Capital, who want to sell their shares, announced in a press release that they had entered “in exclusive negotiations” with Eagle Football Holdings LLC, “with a view to the acquisition by the latter of a majority stake in OL Groupe.” In total, they will eventually hold 66.56% of the share capital. This will be followed by a “simplified mandatory takeover bid” by the American company which has to her head John Textor. As expected, there will be no change in management, the statement said with “the maintenance of Jean-Michel Aulas as CEO”whose mandate will be “renewed for at least 3 years”.

Olympique Lyonnais Group financial press release

➡️ https://t.co/CF1KiCsQpr pic.twitter.com/xba2oCjjWo

— Olympique Lyonnais (@OL) June 20, 2022

The Rhone club specifies that three issues surround this takeover by Eagle Football Holdings, starting with “strengthening the financial structure of OL Groupe”entity estimated at 798 million euros as of July 1, 2022, with a capital increase “about 86 million euros” from this summer.. They also announce “the continuation of the strategy and investments to strengthen sports teams and infrastructure.” Jean-Michel Aulas was delighted that “Olympique Lyonnais is opening a new chapter in its formidable history.”

For his part, John Textor reveals his high ambitions within Olympique Lyonnais: “Olympique Lyonnais will be the cornerstone of our project. I intend, with the support of Jean-Michel and his teams, to bring out the values ​​of development and excellence to which I have always committed “he supported in the press release.