While a deadline would have been set for John Textor for the takeover of Lyon, the management of OL should shed light on this file.
Almost six months after the start of negotiations with John Textor, the sale of Olympique Lyonnais has not yet been completed. Initially set for September 30, the date for the takeover of Lyon by the American billionaire has been postponed twice. A new deadline had even been set for this Sunday to complete this file. On Saturday, the American entrepreneur was also confident about the outcome of this case. But as pointed out The Team, no agreement has been concluded to date. The sports daily reveals in particular that no resolution was adopted this Sunday. However, a meeting was held to “decide on the follow-up to be given concerning the closing of the sale of the club to John Textor and more specifically to his company, Eagle Football”.
OL Mercato: An important announcement for the takeover of Lyon
The newspaper nevertheless ensures that Olympique Lyonnais should soon communicate to reassure the markets. For the moment, an agreement from Crystal Palace (of which he is a co-shareholder) and the Premier League for John Textor is still missing to complete the takeover of Lyon. In addition to this missing agreement, the businessman must now deal with the reluctance of one of his partners unwilling to the entry of Palace in the capital of Eagle.
According to the source, new documents should arrive ” very quickly “ to reassure the financial markets about the progress of this thorny issue. It remains to be seen whether it will finally be completed or whether it will again be postponed. As a reminder, John Textor is a candidate to buy out the shares of IDG Capital and Pathé via his company Eagle Football. The total amount of the operation is estimated at 800 million euros. Even if Textor arrives, Jean-Michel Aulas should keep the presidency of OL until 2025 before handing over.
