10 days earlier than the announcement of the takeover of Olympique Lyonnais, nothing goes as deliberate. This might have critical penalties for Jean-Michel Aulas.
If Jean-Michel Aulas and John Textor present smiles and confidence, the truth is totally completely different. Now, it appears exhausting to think about that the whole lot will likely be accomplished on the date of September 30, the deadline set for unique negotiations. The American, who was on a fast go to to Lyon this weekend on the sidelines of the Paris Saint-Germain match, has already left however left his accountants and auditors within the Rhone. The latter goes via OL accounts however above all they’re searching for an answer to an enormous drawback.
Banks do not like Textor financing
🏟 I used to be 𝟓𝟖 𝟐𝟑𝟎 a spectator yesterday for #OLPSG …
Thanks on your loyalty 🙏 pic.twitter.com/xbZ1PLWeRe
– Olympique Lyonnais (OL) September 19, 2022
Amongst John Textor’s associates, Invoice Foley noticed his funding being rejected by banks managing OL’s debt. This quantity have to be lowered from 330 million euros to 180 Egyptian kilos upon acquisition of the membership, that are all 13 banking establishments that should give their consent to the monetary preparations. For now, that is not the case, and Jon Textor remains to be merely attempting to finish his spherical of funding to achieve the anticipated quantity, L’Equipe introduced. The investor, for his half, assures that he has discovered new collaborators who have already got expertise in soccer and can make it doable to finalize the acquisition, even when the date of September 30 shouldn’t be revered.
Textor simply bought extra thrilling to seize OL
The fundamental financing plan has failed, he has been searching for others for weeks (with somebody attempting to purchase Chelsea) and telling loads of tales (banks could reject the financing methodology, and so on.)
– Roman Molina (@Romain_Molina) September 19, 2022
This was additionally confirmed by Roman Molina, who follows the case intently and really shortly expressed doubts. ” Textor simply bought extra thrilling to seize OL. It tousled the fundamental financing plan, he is been searching for others for weeks (with somebody attempting to purchase Chelsea) and telling loads of tales (the banks will reject the financing methodology, and so on.). He is personally inviting lots of people to reassure them that it is solely a matter of time, however he is already privately advancing the premise that the sale will occur after September thirtieth. ‘,” the unbiased journalist defined.
Shareholder settlement deadly to Olas?
And this date of September 30, if handed, can change loads of issues. L’Equipe states that the Shareholders’ Constitution has been in place since Pathé and IDG introduced their withdrawal from OL Groupe. Till July 1, 2023, Aulas was already the decision-maker for the longer term purchaser of Lyon, however a failure with John Textor would name into query a fast sale. Since then, Pathé and IDG can take again management, promoting them to the very best bidder, with out worrying concerning the destiny of Jean-Michel Aulas, who’s not the bulk shareholder if the client takes again the shares of the 2 departing firms. A situation that Lyon’s boss needs to keep away from in any respect prices, is one which sees himself on the helm of OL for just a few extra years.