Football. OL Buy Back: a Restructuring and Stabilisation Plan
5 Articles
5 Articles
The commitment of the new owner of OL is intended to put a whole club on a virtuous path, notably through a "exhaustion of around 232.6 million debt". The challenge is important.
On Tuesday, Michele Kang presented to the DNCG her recovery plan for Olympique Lyonnais, whose club she has been president for a year.
The club's takeover process has been formalized by Michele Kang, who will become the sole owner. She is already working on her great plan.
L'Olympique Lyonnais had a rich day on Tuesday between examination in front of the DNCG in the morning and press release about the sale to Michele Kang of 87.8% of the club's shares in the afternoon, effectively acting at the end of the Textor era.
This Tuesday morning, OL spends their great oral in front of the DNCG. Only, with the sale of the club and the takeover of Michele Kang, the decision of the financial gendarmerie on the potential sanctions or not might not intervene this Tuesday. In August, OL will play its sporting future with the third preliminary round and [...] The DNCG article: OL not fixed on its fate this Tuesday ? appeared first on Olympic & Lyonnais.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
