Former Club Majority Shareholder Sues New Management for €20.9 Million

John Textor Files Commercial Court Claim Against Olympique Lyonnais New Ownership

Former Olympique Lyonnais majority shareholder John Textor has initiated legal proceedings against the club’s current leadership at the Commercial Court, seeking the recovery of millions of euros following his departure amid severe budgetary turmoil.

According to verified financial filings and legal disclosures, Textor is demanding the payment of 18.4 million euros related to a short-term financial advance he previously provided to the French Ligue 1 side. In addition to the short-term loan repayment, the American businessman is claiming 2.5 million euros in alleged management fees owed by the institution.

Commercial Court Filing Details the Financial Demands

The dispute centers on two distinct monetary claims lodged at the commercial tribunal. The primary sum of 18.4 million euros represents cash injections made to stabilize day-to-day cash flow during Textor’s tenure as controlling owner. Court documents indicate these funds were structured as short-term advances meant to be reimbursed once structural refinancing materialized.

Alongside the loan repayment, Textor’s legal team included a demand for 2.5 million euros categorized as administrative and management expenses.

Context of the DNCG Sanctions and Ownership Shift

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JOHN TEXTOR RÉCLAME DES MILLIONS À L'OL ?!

Editor-in-Chief

Editor-in-Chief

Daniel Richardson is the Editor-in-Chief of Archysport, where he leads the editorial team and oversees all published content across nine sport verticals. With over 15 years in sports journalism, Daniel has reported from the FIFA World Cup, the Olympic Games, NFL Super Bowls, NBA Finals, and Grand Slam tennis tournaments. He previously served as Senior Sports Editor at Reuters and holds a Master's degree in Journalism from Columbia University. Recognized by the Sports Journalists' Association for excellence in reporting, Daniel is a member of the International Sports Press Association (AIPS). His editorial philosophy centers on accuracy, depth, and fair coverage — ensuring every story published on Archysport meets the highest standards of sports journalism.

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