on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
Clarification on Eagle Football Group's Financial Stability
Eagle Football Group SA has clarified the conditions surrounding a recent agreement, addressing comments made by John Textor. The Letter Agreement of July 2025 between Eagle Football Holdings Bidco Limited (Eagle BidCo), Ares Capital Corporation, and Michele Kang aimed to stabilize the company during financial challenges. These included avoiding relegation of Olympique Lyonnais to Ligue 2, thanks to €87 million in financing and a €30 million bank guarantee.
The agreement ensures no sale of EFG or subsidiaries before June 2026 and protects Kang from leadership changes until June 2027. These measures, including a created oversight committee due to transparency issues under Textor, are steps towards ensuring stability. EFG aims to maintain operational discretion and values ongoing efforts from its employees and stakeholders.
R. P.
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