John Textor, owner of OL (Photo by JEFF PACHOUD / AFP)
An investment company specializing in sports, Sportsbank is said to have an interest in Eagle Football Holdings. The company is reportedly considering a stake in John Textor's group.
If on the field, everything is going rather well for the two locomotives of Eagle Football Holdings, namely Olympique Lyonnais and Botafogo, this is not really the case from a financial point of view. On the French side, John Weaver and its teams must show their credentials in front of the DNCG by next summer. In the meantime, the American owner needs to find money to replenish the Rhone coffers.
If, through his victory in the Copa Libertadores, his championship title and his future participation in the Club World Cup, Fogo could contribute to helping its French “cousin”, that will not be enough. The businessman must work hard to find investors. It does this in part via the future IPO. Although this may involve risks, he still managed to convince UCEA Capital Partners to support him to the tune of 40 million euros.
Sportsbank previously wanted shares in Crystal Palace
But another boost could join the party. In fact, the specialized media Bloomberg indicates that Sportsbank, an English investment company specializing in sport, was interested in acquiring a stake in John Textor's global group. Nothing has been done, however, since deliberations are underway and it is not guaranteed that they will lead to an agreement, specifies the American agency.
The discussions between the two entities on this subject are not due to chance. Sportsbank was previously in the running to buy the Missouri native his shares in Crystal Palace (45%). It now appears that the consortium led by Zechariah Janjua and Navshir Jafferand advised by Keith Harrisa seasoned financier in the world of football, aims higher. For Textor, prospecting continues.
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