{
}
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.
Eagle Football Holdings Ltd. is seeking to borrow approximately $300 million to partially repay a loan from Ares Management Corp. as part of a recapitalization strategy. The company is collaborating with TD Cowen to assess lender interest, with some funds aimed at addressing a $500 million debt incurred during the acquisition of Olympique Lyonnais.
Olympique Lyonnais SAS
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Eagle Football secures funding as Olympique Lyonnais faces Ligue 2 threat
17:37 22.11.2024
eagle football seeks 300 million loan to repay ares management debt
19:24 29.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Global Trade Developments
Government Economic Policies
Startups & Entrepreneurship
Supply Chain Management
Retail and Consumer Goods
Industry Mergers & Acquisitions
Stock Market Updates
Venture Capital Investments
Finance Mergers & Acquisitions
Energy Sector Developments
Global Financial Events
Emerging Startups
Funding Rounds & Investments
Central Bank Actions
Fintech Startups
Cryptocurrency & Blockchain Regulations
Financial Scams and Security
Market Analysis and Predictions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Learning Resources Inc.
MGA Entertainment Inc.
Toyota Motor Corp
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
Dell Technologies Inc.
Taiwan Semiconductor Manufacturing Company Limited
Google Inc.
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Yatra Online, Inc.
Daiwa Institute OF Research Ltd.
Pegatron Corporation
KODEX India Tata Group
Wistron Corporation
Currencies:
United States Dollar
Chinese Yuan
Indian Rupee
Euro
United Arab Emirates Dirham
Japanese Yen
Australian Dollar
New Taiwan Dollar
British Pound Sterling
Vietnamese Đồng
New Zealand Dollar
South Korean Won
Thai Baht
Saudi Riyal
Indonesian Rupiah
South African Rand
Malaysian Ringgit
Singapore Dollar
Egyptian Pound
People: