Deals
US Investor John Textor Is in Exclusive Talks to Take Over French Football Club Lyon
- Miami-based investor is seeking to add fourth football asset
- Olympique Lyonnais would have 800 million euro value in deal
A French L1 football match between Olympique Lyonnais and Clermont Foot 63 .
Photographer: Thierry Zoccolan/AFP/Getty Images
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John Textor, the US digital entrepreneur who has a trio of global football club investments, is in exclusive talks to take control of the publicly-traded owner of French Ligue 1 team Lyon, according to a statement.
The Miami-based investor is in negotiations with the biggest shareholders of Olympique Lyonnais’s holding company, owning in total 66%, to buy their stakes for 3 euros per share, according to a statement that confirmed an earlier Bloomberg report.