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John Textor Sues Michele Kang for $400M Following Lyon Deal

Kang last month reached an agreement to take over Lyon that would sever the French soccer club’s ties to Textor.

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The American businessman John Textor, former owner and president of Olympique Lyonnais, filed a complaint in Florida claiming $400 million (approximately €350 million) from Michele Kang, who bought the OL in June, learned the AFP on Tuesday.

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The former owner of Olympique Lyonnais, John Textor, has initiated proceedings before the US court against Michele Kang, who has criticized in particular the terms of the purchase of the club. He claims $400 million in damages.

·Paris, France
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Investor bought 87.78% of the team for $30 million in 2026, with additional commitment to invest another $81 million in the coming years The post John Textor sues Michele Kang for $400 million and the accusation of conspiracy to become Lyon's owner appeared first in Sports Machine.

John Textor filed a complaint on Tuesday against OL's boss, accused of fomenting a conspiracy to take control of the club. New salve in the open war between John Textor and Michele Kang. According to information from Front Office Sport, confirmed by the AFP, the American filed a complaint against the president of OL. The businessman [...] The OL article: Textor attacks Kang in court, 400 million dollars required appeared first on Olympic & Lyonn…

Unsurprisingly, John Textor did not say his last word to Olympique Lyonnais... According to a complaint filed before the American courts in Florida and ......

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Front Office Sports broke the news in New York, United States on Monday, July 20, 2026.
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