the formalization of the sale of Olympique Lyonnais postponed

OL must be sold to the Eagle Football group and its boss, the American John Textor, but the sale could not take place on Friday; date initially announced by the two parties to finalize the operation.

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Olympique Lyonnais is not yet sold. While the sale of 90% of the shares of the Rhone club to Egale Football and the American billionaire John Textor was to be concluded before September 30, this could not be finalized informs the structure OL Groupe, Friday September 30, in a statement.

OL Groupe, the management company of the Lyon club, explains that it “it remains for the parties to finalize the legal documentation in the coming weeks, in particular for the main financing of Eagle Football, and the mechanical steps necessary for the successful completion of the operation.“.”Discussions are underway between the parties to determine a new date“also specifies the press release, while Jean-Michel Aulas mentions to AFP”the next few days” as a new deadline.

OL wants to be reassuring, recalling that Eagle Football “has made a firm and unconditional commitment to its main historical shareholders“As for the transfer of the club. This must be accompanied by an increase in the capital of the club, up to 86 million euros.

Closing of the offering could occur during the fourth quarter of 2022“, indicated the press release published on July 8 after the signing of the contract relating to the conditions of acquisition. John Textor and Eagle Football are already present in the capital of other football clubs such as Crystal Palace (Premier League), Botafogo ( 1st Brazilian Division) and RWD Molenbeek (2nd Belgian Division).

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