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Ligue 1: John Textor reassures supporters about the length of the transactions for the takeover of OL

2022-10-20T14:43:25.685Z


In a message to Lyon supporters, the American businessman explained why negotiations for the takeover of OL had been delayed.


While it should have ended several weeks ago, the takeover of OL by John Textor should be effective in the coming days.

A delay that worried supporters, intrigued by the slowness of the project.

The American addressed them via a public message, explaining that these delays sometimes made sense given the complexity of the financial operation in progress: “

I understand that completing our acquisition of your beloved football club is taking an unbearably long period of time.

The needs of a football club and its supporters are often urgent and the case of Olympique Lyonnais is certainly no different.

That said, be aware that deals like this can be quite complicated for both buyers and sellers, and it's not uncommon to discover obstacles on the way to a closing that create complexities and delays.

As we are now close to completion, please know that we have done everything possible to overcome all the usual challenges of this transaction as efficiently as possible.

It may seem like a long time in terms of football,

“Explained the wealthy buyer.

To discover

  • Calendar and results Ligue 1

  • League 1 standings

Source: lefigaro

All sports articles on 2022-10-20

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