La Liga

John Textor has the money to buy OL

It’s a story that could – and should – soon come to an end. While a joint press release from OL Groupe and Eagle Football (John Textor’s company) announced the establishment “intermediate stages” by November 17, the deadline for the closing of the purchase of the club once again postponed this Monday, the American would have, according to The Teambrought a ratified proof of its agreement with Ares Management.

The investment fund is supposed to ensure a large part of the financing of the company of the American businessman. According to sources familiar with the matter, the process would therefore be on the right track of completion, thus allowing the Rhone club to find a semblance of serenity while waiting for the formalization of the deal. A good thing when the negotiations have now lasted for long weeks.

Daraja Kapoor

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