John Textor leaves Crystal Palace!

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By: Manu Tournoux

John Textor suspended for 30 days!

In great financial difficulty on the side of Olympique Lyonnais, the situation of John Textor’s Eagle Football Holding has just undergone a sudden change. According to Sky Sport Newsthe American entrepreneur sold the shares he owned in Crystal Palace to the investment firm SportsBank. The president of Olympique Lyonnais owned 45% of the Eagles’ shares, along with Olympique Lyonnais, Botafogo and RWD Molenbeek.

SportsBank specified in a press release that the firm intended to make a significant financial and managerial investment within the Eagle group itself, which is initially illustrated by this repurchase of Crystal Palace shares. This investment had already been mentioned several weeks ago, and comes at a time when Olympique Lyonnais is subject to very restrictive sanctions from the DNCG. Enough to surely give more financial latitude to Eagle Football Group.

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Manu Tournoux

Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team. As an author for the website, Manu's expertise includes not only in-depth analysis of Ligue 1 and Ligue 2 matches but also insightful profiles of up-and-coming talents, detailed transfer news, and engaging coverage of the French national team. His captivating writing style and undeniable passion for the game have earned him a loyal following among our readers. When he's not crafting engaging articles for French Football Weekly, Manu enjoys attending live matches whenever he can, exploring football culture in various French cities, and engaging in spirited debates with fellow fans. Feel free to follow Manu on Twitter and interact with him as he shares his expert opinions, insights, and love for French football.

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