Long to take shape, the sale of Olympique Lyonnais is still not finalized in relation to the objectives announced by John Textor. OL Groupe seems to be short of cash for the public buyout offer for minority shareholders.
John Textor has already been involved in a few Lyon transfer window files this winter, including the arrival of Jeffinho. But for the moment, the new owner of OL had remained quite discreet. Now that he has ejected Jean-Michel Aulas and is alone in charge, expectations will be huge for this summer, when Lyon must rebuild a competitive squad without the attractiveness of the European Cup. It will be necessary to compensate for the departures already recorded, such as those of Moussa Dembélé, Houssem Aouar, Malo Gusto or even Jérome Boateng, even if there were not only holders.
OL Groupe will communicate… when it is done
But to recruit, you need money. And according to information from Le Progrès this Friday, there is a real problem at this level. The tender offer for shareholders outside the Eagle Football sphere has still not been issued, although it was expected for the month of February. On several occasions, John Textor assured that this redemption of shares of small shareholders was imminent, especially when Jean-Michel Aulas was ousted. To buy the remaining shares on the market, we will have to drop 60 million euros, and this could well be the sinews of war.
@gusto_malo ! 🔴🔵
Good continuation to our Gone, at the club since he was 14 years old and trained at#OLAcademy ! 💪 pic.twitter.com/UJylw89enb
— Olympique Lyonnais (@OL) June 8, 2023
“ The eviction of JMA also cost €10 million in termination compensation. And there are two months left for Eagle to pay nearly €14.5 million, the amount of the buyback of one-third of the shares of Holnest,” explains Le Progrès, which contacted OL Groupe without success, the company simply ensuring that a communication would be made when the offer was submitted.
OL Groupe is certainly awaiting the finalization of two sales, that of the women’s section to businesswoman Michele Kang, and the other is the sale of the club’s American franchise, OL Reing, all for an amount exceeding 100 million. euros. Cash inflows which will in any case allow the finalization of the share buyback procedures. As for the transfer window, it remains very vague, even if John Textor is not crazy, and knows very well that sales like that of Malo Gusto already recorded, and the contract with the LFP and CVC, should put butter in spinach for this summer.
