Lyon's run of titles from 2001-08 made it the powerhouse of French soccer as players like Real Madrid great Karim Benzema emerged through the club's renowned youth academy, and others like free-scoring Brazil midfielder Juninho or Ghana's ball-winning Michael Essien made their name. Sport Witness 13:30 20 . John Textor, an American businessman, is the new owner of Lyon. Lyon's fans will be hoping Textor's arrival has a special effect on the club's flagging fortunes. Lyon's new coach Laurent Blanc, left, prepares to pose for photographers during a press conference to announce his appointment, in Decines, near Lyon, central France, Monday, Oct. 10, 2022. Mutual Fund and ETF data provided by Refinitiv Lipper. "I really do . We believe all parties and related legal representatives are working at great haste to complete these processes and approvals as quickly as possible. Un communiqu de presse conjoint d'OL Groupe et d'Eagle Football (socit de John Textor) annonce une mise en place en tape intermdiaire d'ici le 17 Novembre. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. as part of Lyon's deal with Textor's Eagle Football Holdings that valued the club at about $840 million. The industry leader for online information for tax, accounting and finance professionals. January 11 - Crystal Palace co-owner John Textor will become the owner of Botafogo, the president of the Brazilian club Durcesio Mello announced on Monday. Article posted by Coliseum, June 24th, 2022 French Ligue 1 club Olympique Lyonnais (OLG.PA) confirmed on June 20th that they were in talks with US businessman John Textor about a takeover bid. " Path, IDG Capital and Holnest, OL Groupe and Eagle Football have agreed on the setting of the new date for the completion of the operation on November 17, 2022 and the intermediate steps for the signature of the final debt financing documentation and in equity. American investor John Textor is understood to be leading a consortium that is attempting to . The closing of the transaction, already pushed back in September, had been expected to take place last Friday. All rights reserved. Via Eagle Football Holdings LLC, John Textor is to acquire all of the shares and half of the Osranes (bonds convertible into shares to finance the construction of Groupama Stadium) held by Holnest - the holding company of the Aulas family (27.7% of the capital) -, plus all the shares and Osranes held by Path (19.3%) and the Chinese investment . Pour rappel,. En attendant le dnouement, John Textor est venu rassurer tous ceux qui peuvent douter d'une issue heureuse. 25th October 2022 October 24 - The takeover of OL Groupe, owner of Olympique Lyonnais, by US investor John Textor's Eagle Football Holdings has been stalled while Textor completes his financing for the deal. or redistributed. John Textor assure que Eagle Football va "bientt rejoindre la famille OL" Olympique et Lyonnais 15:24 20-Oct-22. According to a report from the clubs board of directors sent to Lyon shareholders that was seen by LEquipe newspaper, $41 million will be dedicated to boosting both the mens and womens teams, with an extra $47 million for the repayment of securities and improving infrastructure. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Selon L'quipe, il a apport la preuve de la ratification de l'entente avec Ares Management.. John Textor a bien les sous pour le rachat de l'OL . The American technology magnate Textor had been linked to the Rio club for weeks and last Friday . CRYSTAL PALACE have joined the race to sign Marseille's Boubacar Kamara. La adquisicin por parte de John Textor finalmente se arregl by Futbol Ingls 30/09/2022 Si bien la formalizacin de la venta de la entidad del Rdano a la empresa Eagle Football, propiedad de John Textor, iba a tener lugar este viernes, una nota de prensa, publicada este viernes por la maana, indicaba que esta ltima se aplazara unos da. We look forward to our Eagle Football family joining the Olympique Lyonnais family and supporting the club alongside you in the immediate near. Textor owns 40 per cent of Crystal Palace, the English Premier League football club, and controls Belgium side RWD Molenbeek and Brazil's Botafogo. Mello said that Textor (pictured right) is to become the club's new boss, bringing to an end prolonged speculation over Botafogo's fate. Eagle Football Holdings, a sports . CRYSTAL PALACE are the subject of a 220million takeover bid by a pioneer in hologram technology. As we are now quite close to completion, please know that we have done everything to overcome all of the usual challenges of this transaction as efficiently as possible. He also recently failed with an attempted 25% buyout of Benfica, despite coming to an agreement last month. With my warmest regards, John Textor Chairman Retards dans la vente de l'OL: les explications de John Textor Le Progrs 17:45 20-Oct-22. I understand the completion of our acquisition of your beloved football club is taking an unbearably long period of time. Investor John Textor the former CEO of OTT platform FuboTV is paying 846 million to buy Olympique Lyonnais from Jean-Michel Aulas a source with knowledge of the deal tells ForbesAs part. The closing of the transaction, already pushed back in September, had been expected to take place last Friday. Both are homegrown players. Florida Investor Finds a Model to Revive Europe's Forgotten Soccer Clubs 2022 FOX News Network, LLC. Aulas said Textor "really ticks all the boxes.". ", U.S. businessman John Textor, seen here attending, is the new owner of Lyon. As part of this financing process, we have secured the support of additional equity partners, including leading financial investors and sporting club owners, who will contribute equity capital alongside me, to join Eagle Football on its journey and provide Eagle with greater financial flexibility to support its clubs. Legal Statement. Crystal Palace journey ends but have they potential to compete long term? La vente de l'Olympique Lyonnais doit dsormais se finaliser au plus tard le 17 novembre. LYON, France (AP) The takeover of French league club Lyon by American businessman John Textor will not be completed until next month, the parties involved in the deal said Monday. Annonc comme futur actionnaire majoritaire des Gones, John Textor n'a toujours pas t officiellement intronis au sein mme d'OL Groupe et l'OL attend de nouvelles garanties. Lyon president Jean-Michel Aulas said on Tuesday a deal had been struck for US businessman John Textor to complete a takeover of the seven-time French champions. An American billionaire with John Textor for the takeover of the club? Juninho's spell as sporting director didn't work out and he left last December. "I dont like these models like PSG," the 56-year-old Textor said at a news conference. Something had to change and longtime owner Jean-Michel Aulas who bought the club 35 years ago and oversaw its rise gambled on Textor. John Textor "I think over the few years we want to go after them. It may seem like a long time in football terms, but the time to close that we are experiencing is actually quite normal for sporting club and other complex acquisitions. Right away, Textor endeared himself to Lyon's fanbase with a timely swipe. "I had one of those failures All of the fake friends left when success left, when wealth went away.". Select from premium John Textor of the highest quality. OL sold to John Textor, the man worth 3 billion! Our Standards: The Thomson Reuters Trust Principles. 1 cpfc.co.uk; 4 +44 20 8768 XXXX . Eagle Football Holdings, a sports investment vehicle controlled by Crystal Palace shareholder Textor, is set to acquire a majority stake in the Ligue 1 club. We believe all parties and related legal representatives are working at great haste to complete these processes and approvals as quickly as possible. This is not John Textor's first attempt with OL. By Syndicated Content Oct 24, 2022 | 3:21 AM (Reuters) - The closing of Olympique Lyonnais' takeover by U.S. businessman John Textor's Eagle Football has been postponed until Nov. 17, the French football club said on Monday. Palace and Chelsea to meet at Wembley who will Harris and Blitzer own by then? JUNE 21, 2022 US businessman John Textor completes Lyon takeover JUNE 21, 2022 Olympique Lyonnais Price Tag For John Textor: $846 Million JUNE 21, 2022 Lyon announces agreement with John Textor to buy majority shares in the club JUNE 20, 2022 OL sold to John Textor, the man worth 3 billion! AHEAD OF THE GAME: Crystal Palace could have a new majority owner as a by-product of Chelsea's takeover battle John Textor Looks to Grow 40% Stake in Crystal Palace, Man United Shares Upgraded at Deutsche Bank Amid Rival Club Deal Reports. Lyon sale: Olympique Lyonnais set for takeover by American businessman John Textor, Crystal Palace shareholder John Textor close to completing Lyon takeover, Textor Nearing Deal for French Football Club Lyon, Textor explains how his multi-club strategy is different, and how it will keep growing: Most of the big football clubs in the world are economically underachieving, I knew who Zaha was but didnt know too much about Palace when I joined. Aulas would also join the management of Eagle Football, in order to "to support its development and that of all the clubs in which Eagle Football has a stake" . Eleven of the companies are still active while the remaining twenty-six are now listed as inactive. Youve got to be brave, Report: Broughton's Chelsea Bid Handed Boost as Crystal Palace Co-Owner Textor Ready to Purchase Harris & Blitzer's Shares, Crystal Palace: John Textor ready to invest 40m if Josh Harris and David Blitzer leave for Chelsea. OL sale: Lyon blocks everything, maximum suspense! Powered and implemented by FactSet Digital Solutions. It's a story that could - and should - soon come to an end. We were also asked to negotiate directly with one of the OLG banks to secure their support for the transaction. The 'Reuters' stated that Lyon said Textor's Eagle Football Holdings vehicle was in talks over buying the majority stake held by the club. (OLIVIER CHASSIGNOLE/AFP via Getty Images), Fox News Flash top headlines for August 1, the Oscar-winning digital production company. Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") has signed a non-binding letter of intent to invest in John Textor's Eagle Football Holdings LLC Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Authentic Brands, which last year agreed to. Football. The needs of a football club and its supporters are often time sensitive and the matter of Olympique Lyonnais is certainly no different. Eagle Football Holdings, a sports investment vehicle controlled by Crystal Palace shareholder Textor, is set to . Who is John Textor, and what does him joining the board mean for Crystal Palace? Legal Statement. Lyon announces agreement with John Textor to buy majority shares in the club. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. In the years since the last of seven straight titles, Lyon has faded as Paris Saint-Germain's grip on French soccer tightened under its cash-rich Qatari ownership. Alors qu'un communiqu conjoint d'OL Groupe et d'Eagle Football (la socit de John Textor) annonait la mise en place d'tapes intermdiaires d'ici le 17 novembre, date butoir du . Magic as a player, courageous as an owner. Market data provided by Factset. Among them is John Textor, who's . While a joint press release from OL Groupe and Eagle Football (John Textor's company) announced the establishment "intermediate stages" by November 17, the deadline for the closing of the purchase of the club once again postponed this Monday, the American would [] Eagle Football envisions employing a multi-club ownership model that will include. Ten league losses and 51 goals conceded the most goals allowed by any club in the top 10 made for grim statistics. Passionate about soccer, he launched the FC Florida academy in 2008, but had to wait almost fifteen years to attack the European market. Cannae, its legendary investor William P. Foley, II ("Foley") and other third-party investors intend to each make an investment in Eagle Football in a form . Get 5 free searches. London, England, United Kingdom View. Powered and implemented by FactSet Digital Solutions. He was chairman and principal owner of Sims Snowboards, a leading brand, and chairman of Digital Domain Media Group. Mais il semble que sous la pression d'OL Groupe, John Textor ait enfin le document tant attendu pour . Lyon sale: Olympique Lyonnais set for takeover by American businessman John Textor, Crystal Palace shareholder John Textor close to completing Lyon takeover, Textor Nearing Deal for French Football Club Lyon, OL BOSS POSES ULTIMATUM TO FOSTER GILLETT TAKEOVER BID, OL. Reporting by Tristan Chabba; editing by Milla Nissi, Kyrie Irving apologizes after suspension, says he's fighting anti-Semitism, Astros edge Phillies for 3-2 World Series lead, Beijing marathoners prep for historic race while keeping COVID at bay, WTA launches program in bid to increase female coaches, NHL roundup: Bruins top Rangers for 7th straight win, See here for a complete list of exchanges and delays. 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