LIVE – OL: club announces “exclusive negotiations” with Textor, Aulas will remain president for at least three years

John Textor’s reaction

“The project I discovered in Lyon with Jean-Michel Aulas and all his teams will be at the epicenter of our new organization and our investments in the service of world football. 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 transcendence for which I have always been committed.

I would like to give all the fans of Olympique Lyonnais, the complementary means for the institution to find itself at the highest level, in France and in Europe, also respecting the value of OL DNA with youth, work, abnégation et cet esprit care allows all talent around the world to have access to the highest level through no implications in academies. Seen from the United States, OL is the dream platform for making football a success story. “

The reaction of Jean-Michel Aulas

“With this project, Olympique Lyonnais has opened a new chapter in a formidable history. OL Reign, our Mixed Academy, Groupama Stadium, and the construction of the new LDLC Arena within OL Vallée are already strong markers of OL Group’s ambitions.

The sudden departure of Pathé and IDG nevertheless allows the arrival of John Textor, who is able to accompany and support these ambitions. What a new shareholder will be an accelerator for new current projects and come on. I am proud and happy to continue, with the support of John Textor, to write the future of Olympique Lyonnais. “

The four facts to keep in mind from the OL press release:

>> OL Groupe is introduced in “exclusive negotiations” with the holding company of the American John Textor

>> John Textor will become the majority shareholder of the club, as Eagle Football will first hold 66.56% of the share capital of OL Group and then potentially 88.55% after redemption of OSRANE (subordinated bonds redeemable in new or existing shares )

>> The term of office of the CEO of JeanMichal Aulas will be renewed for “at least three years”

>> OL Groupe will benefit from a capital increase of 86 million euros, subject to the validation of an extraordinary general assembly

L’OL announces “exclusive negotiations” with Eagle Football Holdings by John Textor

OL Group press release:

“Holnest, Pathe and IDG Capital have announced that they will enter into exclusive negotiations with Eagle Football Holdings, LLC, for the acquisition of this last major stake in OL Group, followed by a simplified mandatory takeover bid. “

„This operation would lead to a complete sale of the shares of Pathé and IDG and to a gradual liquidity of Holnest, the family holding company of Jean-Michel Aulas. (…) Eagle Football Holdings would become the majority shareholder in OL Group. “

“The pursuit of the strategy of OL Groupe, under the direction of Jean-Michel Aulas, whose term of office would be renewed for at least 3 years, and with the support of the entire current management team and the Executive Committee of the Society, which remains in return. Jean-Michel Aulas also took over the management of Eagle Football to support the development of all the clubs in which Eagle Football has a stake. “

OL: How Aulas will stay in power despite the arrival of Textor

Quite rare in the world of football, Jean-Michel Aulas will remain in power at OL despite the arrival of John Textor as the club’s new majority shareholder. A situation explained by Jean-Pascal Gayant, sports economist, from RMC Sport.

>> An analysis to find out here

RMC SPORT INFO: The club’s board of directors validates Textor’s arrival as a shareholder

This time it’s done. As expected, the OL Board of Directors, meeting this Monday afternoon, has just validated the arrival of John Textor as a shareholder. The Rhodanian club must communicate in the evening, probably giving figures. A press conference will also be held on Tuesday.

Edward Jay

Botafogo, Molenbeek … John Textor’s methods and results

The American businessman, who already owns Botafogo and RWD Molenbeek, is working hard on his network to achieve it.

>> The portrait of John Textor

A board meeting scheduled for Monday afternoon

A board meeting is scheduled for Monday afternoon, when it was put on the agenda tomorrow, proof that everything will accelerate in the coming hours.

OL has chosen John Textor to buy the shares for sale, a big market budget this summer

RMC Sport is able to confirm information from Bloomberg according to John Textor will resume shares of Pathé and IDG launches in March last.

>> All the information

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