OL’s finances are still in bright red

Entrance to the New York Stock Exchange crucial

More than ever, Textor, the president of OL, is looking for money. “Although the Group considers that it is probable that all, or part of these refinancing operations, will be completed, any significant delay or any non-realization of these cash flows could call into question the principle of continuity of ‘operation of the company and its subsidiaries’explains Eagle. He adds: “The group’s auditors are considering issuing an impossibility of certifying on the corporate and consolidated accounts of Eagle Football Group”.