the insolent declarations of John Textor after his time at the DNCG

the insolent declarations of John Textor after his time at the DNCG
the insolent declarations of John Textor after his time at the DNCG

OL's grand oral is today. John Textor the owner and Laurent Prud'homme, the club's deputy president, presented the accounts to the DNCG this Friday morning. The hearing was of particular importance because the financial policeman was expecting new guarantees from the managers. The Team even mentioned the sum of €100 to €200 million, financed in part by the transfer window in January or by the end of the financial year on June 30, or by the sale of shares in the capital of Crystal Palace.

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This situation ended a few minutes ago and it obviously went well according to the American businessman, all smiles in front of the audience of journalists who were waiting for him. His words are relayed by the Olympic-and-Lyonnais site. «I am confident in our numbers. I can never be confident in how a regulator views these things“, he said at first, before shooting at everything that moved. “I believe the DNCG is independent of some of the pressures you see. But we have a lot of enemies, you know, on the board, in the league, a big club in Qatar.»

Textor hits PSG and the League

The boss of Eagle Group took the opportunity to settle scores, starting with PSG and Nasser Al-Khelaïfi, with whom he disagrees on many points (the rights obtained by DAZN et beIN Sports notably). He wanted to comment on the various worrying information reported in the press in recent days, regarding this appearance before the DNCG. “It's not up to them to be optimistic. They asked us questions in advance, some stemming from the press release confusion. So we had the opportunity to review the numbers. We don't ask them to have a crystal ball. We must perform well on all fronts, from capital increases to player transfers.»

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According to him, the DNCG was able to learn a little more about the structure of Eagle Group and this conglomerate of clubs, which therefore share the same shareholders. “This is the advantage of being a timeshare that shares liquidity and resources between all clubs. And OL no longer bails out Botafogo. This year, Botafogo will have to replenish OL's coffers. But it's a sharing relationship, it's a family, and both sides benefit as we climb the charts from the bottom to the top of every chart in every market in which we operate.“, he assures before taking an even more professorial position.

A public meeting planned for this Saturday

According to him, timeshare is still too abstract a thing in while, to put it simply, “all funds from all our clubs go into one bag.» To better explain the financial situation of Olympique Lyonnais, but also its financial structure, Textor plans to provide an update to the public on Saturday. “I'm going to get in front of a camera and I'm going to show the audience exactly what we showed at the DNCG.» Thanks to these explanations, he swears that there will be no need to touch the current squad, in particular to sell Rayan Cherki or Malick Fofana as the latest rumors suggested. It remains to be seen what the DNCG will think of it.

Pub. the 15/11/2024 16:01
– UPDATE 15/11/2024 16:23

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