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Eagle Football secures funding as Olympique Lyonnais faces Ligue 2 threat

Eagle Football Holdings, facing potential demotion of Olympique Lyonnais to Ligue 2 due to debts, has secured an initial investment of €38.5 million as part of a €100 million financing round ahead of its planned IPO in early 2025. This funding aims to strengthen the balance sheet and support growth, with expectations of raising an additional €500 million during the IPO. However, the financial watchdog has warned OL of sanctions, including a limited wage bill and a ban on winter transfers, if their financial situation does not improve.
actu.fr
Euro United States Dollar Botafogo Olympique Lyonnais SAS USA John Textor
Finance & Economy, News Article
17:37 22.11.2024
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