US investment firm in talks to acquire Toulouse FC

26 May 2020

Toulouse
Photo: PA Images The French club's owner has confirmed the talks, which would see him retain a minority stake.

RedBird Capital Partners is in talks to purchase an 85 per cent stake in the club.

The French club's owner has confirmed the talks, which would see him retain a minority stake.

Emil Gjerding Nielson nielson@offthepitch.com

US investment firm RedBird Capital Partners is in talks to acquire an 85 per cent stake in French club Toulouse FC, the club have confirmed, in a deal that would see their owner retain a minority shareholding.

Toulouse, relegated as dead last this season due to the French Football League's (LFP) cancellation of all its competitions, have been owned by French businessman Olivier Sadran since 2001 when he took over the club following their bankruptcy.

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