A Greek journalist claims that Saudi Arabia is in talks with Frank McCourt to buy OM as soon as possible. Enormous changes would be programmed.
On August 6, a Greek journalist, George Tsanakas, announced – without going into sensationalism – discussions between the Saudi Arabian fund and Frank McCourt, the owner of OM, for the sale of the Marseille club. It was specified that an agreement was possible in September, the Boston businessman hoping to keep 20% or 30% of Olympique de Marseille, 7 years after having recovered it for 45 million euros.
Tuesday evening, Tsanakas gave more details on the negotiations between the two parties. And according to this journalist, a takeover could be concluded at any time, because, if McCourt asks a lot to sell OM, the sovereign fund would be ready to make great financial efforts. This famous PIF (Public Investment Fund), armed arm of Crown Prince Mohammed bin Salman, bought 80% of Newcastle for 350 million euros last year. OM could cost up to 300 million euros.
In the event of passage under the Saudi flag, OM would pass into another dimension. There would immediately be a change of management and of the entire organization, at the expense of chairman Pablo Longoria, who turned the club back on its feet after the dismissal of the hated Jacques-Henri Eyraud. Like the Magpies for a year and a half, the Olympians would then spend a lot of money on the transfer market in order to “ become a competitive team again “.
News about #teamOM possible takeover
Frank McCourt requirements are still very high, but Saudi Arabia fund are pushing hard. Talks ongoing, we are in a crucial month and things will happen. https://t.co/qeT89SjSN0
— George Tsanakas (@giorgostsanakas) September 5, 2023
