John Textor should not buy OL!

This Thursday morning, Olympique Lyonnais issued a press launch to offer an replace on the sale of the membership to John Textor. And the Gones had been assured. “OL Groupe remembers that the corporate Eagle Soccer Holdings LLC1, managed by Mr. John Textor, has undertaken with its important historic shareholders (Pathé, IDG Capital and Holnest, hereinafter the “Sellers”) to accumulate 39,201,514 OL Groupe shares at a value of €3 per share and 789,824 OL Groupe OSRANEs at a value of €265.57 per OSRANE. The acquisition contract is agency and unconditional; particularly, it doesn’t embody circumstances referring to the financing of the operation or third-party agreements. Eagle Soccer has additionally undertaken to subscribe, topic to the completion of those acquisitions, to a reserved capital improve of OL Groupe for a complete quantity of €86 million (the transactions described above being hereinafter collectively known as the “Operation”). This capital improve was authorized by the overall assembly of July 29, 2022. With regard to the debt of the Olympique Lyonnais group, it’s recalled that all the lenders of the Olympique Lyonnais group have given their consent to the Operation ( “waivers”)2, with impact on closing. Within the press launch of December 4, it was introduced that the Sellers and OL Groupe had granted Eagle Soccer a remaining extra time period to acquire the agreements permitting it to finalize the operations to which it has dedicated.

However this afternoon Canal+ and Infosport+ reveal that Olympique Lyonnais is not going to be bought to John Textor. Extra objects are anticipated on the encrypted channel. For its half, the membership chaired by Jean-Michel Aulas has not but reacted formally to substantiate or deny. What is definite is that it could be fairly a blow for Lyon, which has needed to postpone the takeover of the membership by the American businessman a number of instances in current months.

CANAL+ INFO

L’ @OL is not going to be bought to John Textor ❌

Extra information to return on @infosportplus pic.twitter.com/SvcAt86GFi

– CANAL+ Foot (@CanalplusFoot) December 8, 2022