Textor takeover of Lyon stalled as finance finalised
October 24 – The takeover of OL Groupe, owner of Olympique Lyonnais, by US investor John Textor’s Eagle Football Holdings has been stalled while Textor completes his financing for the deal.
Textor is committed to buying the shares of French film company Pathé and Chinese investment fund IDG Capital, as well as part of Jean-Michel Aulas’ family holding, Holnest. This would give him a 66.5% stake which could rise to 88.55%.
Olympique Lyon would be the fourth club in Textor’s portfolio.
The post Textor takeover of Lyon stalled as finance finalised appeared first on Inside World Football.