OL Groupe confirms discussions for a partial sale of its capital

OL Groupe, the holding company that owns the Olympique Lyonnais football club, confirmed on Wednesday “be aware of discussionsfor the takeover of a share of its capital in reaction to the interest of the American businessman Foster Gillett, according to information from The Team et RMC Sport. «OL confirms that it is aware of discussions between several potential investors and in particular shareholders who have expressed an interest in the sale of their stake with a view to restructuring its funding round and strengthening its equity. The process is underway“, explains OL Groupe (OLG) in a press release.

«However, at this stage there is no certainty that the discussions will lead to an operationadds OLG. On March 9, the Pathé group, historical partner of OL since 1999, and the Chinese investment fund IDG, which entered the round table in 2016, had jointly announced that they had mandated the Raine bank in their wish to sell their shares. which represent respectively 19.36% and 19.85% of the capital, i.e. 39.21% in total.

If an investor buys these 40% of shares alone, he will thus take control of OL. Jean-Michel Aulas, chairman since June 1987, is currently the majority shareholder via his family holding company Holnest, which holds 27.72% of the capital.

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