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Lyon sale: Olympique Lyonnais set for takeover by American businessman John Textor

Lyon sale: Olympique Lyonnais set for takeover by American businessman John Textor
Olympique Lyon v West Ham United: Quarter Final Leg Two - UEFA Europa League
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U.S. businessman John Textor is ready to buy a major stake in French soccer giants Olympique Lyonnais. Jean-Michel Aulas, the present proprietor, is predicted to retain a holding on the Ligue 1 giants and stay on the Groupama Stadium. CBS Sports activities understands talks are of their closing levels however not but concluded. 

Textor additionally owns round 40 % of Premier League aspect Crystal Palace, a majority stake in Brazilian giants Botafogo and a part of Belgian prime tier aspect RWD Molenbeek. The acquisition of Lyon won’t have any impression on the possession standing of those golf equipment though the previous chief govt of fuboTV hopes that the quartet of golf equipment will profit from shared experience.

“My soccer plan is to create an ecosystem of cooperative top-tier golf equipment that may profit from the sharing of a worldwide footprint of expertise identification,” Textor advised CBS Sports activities. “As I proceed to be involved that the aggressive dominance of state owned groups, and different rich golf equipment, is damaging to the better soccer panorama of group pushed golf equipment, I’m merely hoping to display that different approaches to competitiveness have to be explored and inspired. 

“The concept that golf equipment and communities can collaborate to assist one another is one thing that we must always rejoice.”

Textor added that his targets for Lyon are to return to European competitors subsequent season earlier than establishing themselves as contenders for the French title and continental silverware.

Although Lyon have struggled in 2021-22, ending the season in eighth and failing to qualify for Europe, they’ve been an historic pressure in French soccer, successful seven Ligue 1 titles. Their academy has traditionally been one in all France’s most profitable and lately they’ve developed the likes of Anthony Martial, Corentin Tolisso and Alexandre Lacazette into expertise that has been coveted by the most important names in European soccer. The latter returned to Lyon this summer season on a free switch.

In the meantime, their girls’s aspect are arguably essentially the most profitable in European historical past, successful eight Champions League titles and 15 league crowns.

Textor’s fellow Crystal Palace shareholders Josh Harris and David Blitzer have been concerned in a bid to purchase Chelsea however missed out to Todd Boehly.

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