on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
OL Groupe: Clarification of the financial agreement with Eagle Football
Eagle Football Group SA clarifies an agreement reached on July 7, 2025, following major financial difficulties. In June 2025, the French National Directorate of Management Control (DNCG) relegated Olympique Lyonnais to Ligue 2 for these reasons. A financial injection of €87 million, primarily from creditors such as Michele Kang, and a €30 million bank guarantee enabled the club to remain in Ligue 1.
Eagle Football's governance has changed, with John Textor stepping down and Michele Kang taking over as CEO. The Letter of Agreement commits several parties to ensuring stability by 2027, notably through the establishment of an advisory committee. These measures aim to stabilize the operations of the EFG Group and Olympique Lyonnais.
R. P.
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