Aulas has OL’s accounts seized

By JH

Just Posted, Just Updated

Jean-Michel Aulas. FRANCK FIFE / AFP

According to information from the team, Aulas asked the Lyon commercial court to seize the accounts of the Rhone club.

Jean-Michel Aulas requested the seizure of the accounts of Olympique Lyonnais via the Lyon commercial court, reveals theTeam . Earlier in the day, the former president of OL announced that he was filing a complaint against John Textor for defamation. The American had announced during a press briefing on Tuesday that he had been misinformed by Jean-Michel Aulas concerning the provisional assessment presented to the DNCG.

Consequences, 14.5 million euros were frozen by the commercial court and OL currently has no more liquidity. In addition, the securities were pledged. In other words, if the debtor of the shares does not repay his debt to his creditors, the latter become the owners of these shares. A source at the club summarizes for the daily: “It’s kind of the same as if you gave me a mortgage on your house. You cannot sell or transfer the securities without releasing the pledge».

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