Lyon close to finalising sale: Can John Textor get the French giant back on track after years of stagnation?
Alamy
Almost half a year of back and forth, and now two weeks into a trading suspension of the stock, Olympique Lyon are poised for an ownership change.
As the deal materialises, Off The Pitch has taken a closer look at what makes Lyon’s business model unique, yet also highly fragile.
Why it matters: Lyon have struggled financially during the pandemic and are yet to find their footing again. Will the new owner help the club back get back to their roots?
The perspective: How will a renowned talent monetiser such as Lyon function in a multi-club ownership model?
1 December 2022 - 1:48 PM
The US takeover of Olympique Lyon has been postponed three times, but according to several media the deal is very close to being finalised.
The only obstacle right now is that John Textor, chair of would-be Lyon-owner Eagle Football, also privately has a substantial stake in Crystal Palace, who are allegedly waiting to be transferred to the company. Eagle Football already owns stakes in Botafogo and Molenbeek.
In the meantime, Off The Pitch has taken a closer l
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