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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