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14 hours ago
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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 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.
 
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