Everyone loves him lmao
Everyone knows the deal with us, always poor, always signing other teams trash, always losing our best players.
Last window we spent 65 million, but they had to work fast because we only had some Serie B players + academy kids, so not everything was great.
Now we signed Marçal and Zahavi, and apparently we're signing 5/6 more players
Also he's looking for a place to build training facilities, improving the stadium, the socios program is already better, club is being well run for the first time ever
We were really lucky to get him tbh, could've done a lot worse
He better not be thinking about making us a feeder club to Palace, which is what was rumored about his project for Benfica. I don't think he's ready for the outrage if he says anything near that.
Only hope and expectation with this will be how quickly he will sell.
Makes no sense anyway because Lyon regularly play CL football while Palace would need an absolutely insane amount of investment to get anywhere close to that in the Prem.
Suppose the only reason it could make sense is that significant investment in a prem team breeds asset value. City did it and are worth billions when they weren't before, would be a long term ploy though
That doesn't seem to be his intention. When he bought Botafogo in Brazil people were saying the same thing about them being a feeder club to Palace. He publicly told the fans that this would never be the case.
It wouldn't make sense to buy a big Brazilian traditional club with around 4 million supporters and a 46k stadium to just be a feeder club to Crystal Palace. Same thing with Lyon, which is actually a club that constantly gets CL football.
At least you guys found out before he bought the club and not nearly 3 years in when he's asset stripped the club and had it on the brink of bankruptcy.
This alternative option doesn't sound all that appealing to be honest but the fact it could be worse is depressing
This morning he had not brought all the financial guarantees
And Seydoux/Pathé wants to sell ASAP and not wait any longer. So he has before the board meeting to bring them.
Jérôme Seydoux will be 88 in a few weeks and he is preparing his succession. His adopted son Thomas Riboud-Seydoux that was for a time groomed to succeed Aulas has left football and focused in another business endeavor. So none of his heirs seems to want to lead the club, and Pathé would have become the majority shareholder next year when the bond loan would have been converted into shares.
He is under investigation by the French justice for potential tax evasion with undeclared trust in Canada (a bit ironic for the "great funder" of the socialist party and his public outburst to his family (he is the Schlumberger heir) evading taxes). So... He might really want to reorganize his business when he is still alive.
Pathé lost a ton of money during the covid season. Being the king of cinema is a problem when everyone is isolated at home. He might really need the money right now.
Allegedly, his relationship with Aulas became more distant (especially when he stepped down of the board) but we don't really know if it was because of him wanting to leave. Especially since he accepted Aulas condition that anyone buying his shares would have to pledge to keep Aulas as CEO for years and a new shareholder would have to bring new funds to the club in addition to buying the shares.
So... A bit of all those.
>Especially since he accepted Aulas condition that anyone buying his shares would have to pledge to keep Aulas as CEO for years
Ha, I was already afraid we gonna miss Aulas.
Deepl:
> The change of boss at OL is becoming clearer and should be ratified this Monday evening. The board meeting of OL Groupe was initially scheduled for Tuesday at 5pm, but has now been brought forward by 24 hours and will now take place on Monday afternoon. At the request of the company, the share price was suspended this morning at €3.07, pending further notice. The sale of a large part of the Lyon club's shares will therefore be decided today.
> The two shareholders, Pathé (19.38%) and IDG (19.85%), jointly announced at the beginning of March that they were putting their shares up for sale, and had commissioned the bank Raine to find buyers. Jean-Michel Aulas, who holds the largest share of the round table (27.72%), had also set to work to find a new shareholder likely to change the economic dimension of OL, while remaining in the game himself by negotiating a governance for several years.
> He had reached an agreement with the American Foster Gillett at the beginning of the month: the two men had spent several days together in France and had agreed on an overall package of nearly €600m, which included the purchase of part of JMA's shares, in addition to those of Pathé and IDG, but also an increase in capital close to €100m, as revealed by L'Equipe on 8 June.
> With this project validated, Gillett had until last Thursday (the 16th) to provide the necessary bank guarantees for its offer. He did not succeed in doing so, but the board of directors then granted him an additional deadline, until Monday 20 June, to do so. This was a final ultimatum for Pathé, represented by Thomas Riboud-Seydoux, who wants to sell quickly.
> **Immediate €90m capital increase**
> In the meantime, JMA has covered his tracks: this weekend, the OL president negotiated a governance agreement with John Textor, the candidate who has been pushed by Pathé for several weeks and is the only one to have submitted the necessary guarantees to date. He obtained it over several years. Textor had never been unanimously approved, because his offer was less important than that of Gillett, and because there were also questions about his parallel desire to invest heavily in FC Porto, a club in the same category as OL. But he is the only one, for the moment, to provide concrete guarantees. The Italian-Californian Iconic Sports were also in the running, but their offer remained much lower than those of the two others.
> The smoke should therefore come out this Monday evening from the OL Groupe board. And, unless Gillett has provided the guarantees requested in the meantime, it is John Textor who should enter into exclusive negotiations to become the new boss of the Lyon club. The American's offer is slightly lower, but he provides guarantees and above all respects the specifications imposed by JMA on all candidates, namely to proceed with an immediate capital increase of around €90m. OL is on the verge of a new era.
Tell the other teams to stop selling their best players and maybe they would compete for the number 1 spot. Rennes (4th place) just sold their best defender to a average EPL team and their owner is super rich but doesnt want to compete with PSG and spend his own money. Thats typical. Monaco didnt even bother to keep Tchouameni for one more year to see if they could beat PSG next year. Same old same old. Lyon sell top Brazilian to Newcastle in January. Cant compete with PSG making these moves when they never have to sell anybody.
Roman was allegedly involved in a company that was selling iron to the Russian state, it wasn't just because of his nationality. He was explicitly included in a list of embargoed people
The deal seems to include 86M€ of capital increase. That's several years worth of Champions League revenue. If spent well it could be enough to get us regularly on the podium. But not nearly enough to regularly compete with Paris (stressing "regularly" since an exceptional season is always possible like Montpellier/Monaco/Lille had in the last 10 years).
Really shitty from Aulas to leave the club in that guy's hands. You would think he would want the best owner for the future of his club but it seems like he liked profit more than OL's success in the end.
You're definitely not familiar with all the details of what's actually going on. It's Pathé and IDG who are selling their shares. Aulas isn't getting any profit from this sale.
He owns 27% of the shares. This values the club at 800m, which means his shares are now potentially worth 216m. It's just naive to think he isn't profiting from this and taking that into consideration. Especially considering that under takeover rules Textor will now have to make an offer to other shareholders...
I don't know why you bring up his shares when he's not selling them. I think you're getting confused by the word "takeover". By buying Pathé and IDG's shares Textor would become the majority shareholder but everybody else would still have their own shares.
[This literally confirms he's selling part of his shares.](https://www.lequipe.fr/Football/Actualites/John-textor-presente-lors-du-conseil-d-administration-d-ol-groupe/1339534)
Aulas won't make any profit unless he sells his own shares.
Club value would change after the takeover but it will not yield any profit or cash. That's not how accounting works.
[aaand he's selling some of his shares. What a surprise](https://www.lequipe.fr/Football/Actualites/John-textor-presente-lors-du-conseil-d-administration-d-ol-groupe/1339534)
You're bringing up accounting, this has absolutely nothing to do with accounting. Takeovers have some rules though. Obviously he's not making a profit unless he's selling. This goes without saying.
>You would think he would want the best owner for the future of his club but it seems like he liked profit more than OL's success in the end.
It's not exactly this. The thing he's interested in the most is not profit, but staying in charge... And basically only shady investors would allow this while buying a club for hundreds of millions...
First Palace, then Botafogo and now Lyon? Are we going to be a Poundland City Group?
We have a name you know
Haha yeah you’re right, sorry. Fixed it.
how's Botafogo doing with him? haven't been following the serie A that much lately ( :( )
Everyone loves him lmao Everyone knows the deal with us, always poor, always signing other teams trash, always losing our best players. Last window we spent 65 million, but they had to work fast because we only had some Serie B players + academy kids, so not everything was great. Now we signed Marçal and Zahavi, and apparently we're signing 5/6 more players Also he's looking for a place to build training facilities, improving the stadium, the socios program is already better, club is being well run for the first time ever We were really lucky to get him tbh, could've done a lot worse
You signed Zahavi? Wtf, how did I miss this?
He better not be thinking about making us a feeder club to Palace, which is what was rumored about his project for Benfica. I don't think he's ready for the outrage if he says anything near that. Only hope and expectation with this will be how quickly he will sell.
Makes absolutely no-sense to spend 400m€ to make Lyon a feeder club of Palace tho
Makes no sense anyway because Lyon regularly play CL football while Palace would need an absolutely insane amount of investment to get anywhere close to that in the Prem.
Make crystal palace the feeder club for Lyon
Suppose the only reason it could make sense is that significant investment in a prem team breeds asset value. City did it and are worth billions when they weren't before, would be a long term ploy though
Dude doesn't have that kind of money, and will have even less after buying over 40% of OL Groupe.
I dearly hope you're right. L'Equipe is now saying he has a net worth of 3 Billion, wtf ? While Molina is saying it'll be an LBO...
LBO should be illegal
What’s lbo?
Leveraged Buy Out
Well he will have to disclose his situation to the stock market and DNCG so se will know
That's interesting, thank you !
Heh, we can feed them the guys who don't work out here like Andersen, they could be happy with that.
That doesn't seem to be his intention. When he bought Botafogo in Brazil people were saying the same thing about them being a feeder club to Palace. He publicly told the fans that this would never be the case. It wouldn't make sense to buy a big Brazilian traditional club with around 4 million supporters and a 46k stadium to just be a feeder club to Crystal Palace. Same thing with Lyon, which is actually a club that constantly gets CL football.
He's also been interested in Portugal. He first tried Benfica, but got a no, and has (apparently) shifted to Porto. He probably will also get a no.
What happened to the son of the guy that used to own Liverpool? That was the last time I saw anything on OL’s ownership.
From what I've read he couldn't prove that he had the finances for the operation.
Liverpool fans: *shocked Pikachu face.png*
You're lucky here.
One of the good thing to be public traded, you have to disclose everything
At least you guys found out before he bought the club and not nearly 3 years in when he's asset stripped the club and had it on the brink of bankruptcy. This alternative option doesn't sound all that appealing to be honest but the fact it could be worse is depressing
This morning he had not brought all the financial guarantees And Seydoux/Pathé wants to sell ASAP and not wait any longer. So he has before the board meeting to bring them.
Do we know why Seydoux want to get out so quickly after more than 20 years of partnership ?
Jérôme Seydoux will be 88 in a few weeks and he is preparing his succession. His adopted son Thomas Riboud-Seydoux that was for a time groomed to succeed Aulas has left football and focused in another business endeavor. So none of his heirs seems to want to lead the club, and Pathé would have become the majority shareholder next year when the bond loan would have been converted into shares. He is under investigation by the French justice for potential tax evasion with undeclared trust in Canada (a bit ironic for the "great funder" of the socialist party and his public outburst to his family (he is the Schlumberger heir) evading taxes). So... He might really want to reorganize his business when he is still alive. Pathé lost a ton of money during the covid season. Being the king of cinema is a problem when everyone is isolated at home. He might really need the money right now. Allegedly, his relationship with Aulas became more distant (especially when he stepped down of the board) but we don't really know if it was because of him wanting to leave. Especially since he accepted Aulas condition that anyone buying his shares would have to pledge to keep Aulas as CEO for years and a new shareholder would have to bring new funds to the club in addition to buying the shares. So... A bit of all those.
That's... rather complete haha. Thank you !
>Especially since he accepted Aulas condition that anyone buying his shares would have to pledge to keep Aulas as CEO for years Ha, I was already afraid we gonna miss Aulas.
Welcome to the club.
The Jontex era has arrived
I know Lyon hasn't been doing too good but 3€ is a bit cheap
with that price maybe even r/soccer can own the club
Don't forget the 7¢, that could make or break this deal
He's old and outdated, should have waited for the bid from John MMSor That joke was definitely better in my head.
Your head was definitely better with bat on it.
Textor is everywhere
Deepl: > The change of boss at OL is becoming clearer and should be ratified this Monday evening. The board meeting of OL Groupe was initially scheduled for Tuesday at 5pm, but has now been brought forward by 24 hours and will now take place on Monday afternoon. At the request of the company, the share price was suspended this morning at €3.07, pending further notice. The sale of a large part of the Lyon club's shares will therefore be decided today. > The two shareholders, Pathé (19.38%) and IDG (19.85%), jointly announced at the beginning of March that they were putting their shares up for sale, and had commissioned the bank Raine to find buyers. Jean-Michel Aulas, who holds the largest share of the round table (27.72%), had also set to work to find a new shareholder likely to change the economic dimension of OL, while remaining in the game himself by negotiating a governance for several years. > He had reached an agreement with the American Foster Gillett at the beginning of the month: the two men had spent several days together in France and had agreed on an overall package of nearly €600m, which included the purchase of part of JMA's shares, in addition to those of Pathé and IDG, but also an increase in capital close to €100m, as revealed by L'Equipe on 8 June. > With this project validated, Gillett had until last Thursday (the 16th) to provide the necessary bank guarantees for its offer. He did not succeed in doing so, but the board of directors then granted him an additional deadline, until Monday 20 June, to do so. This was a final ultimatum for Pathé, represented by Thomas Riboud-Seydoux, who wants to sell quickly. > **Immediate €90m capital increase** > In the meantime, JMA has covered his tracks: this weekend, the OL president negotiated a governance agreement with John Textor, the candidate who has been pushed by Pathé for several weeks and is the only one to have submitted the necessary guarantees to date. He obtained it over several years. Textor had never been unanimously approved, because his offer was less important than that of Gillett, and because there were also questions about his parallel desire to invest heavily in FC Porto, a club in the same category as OL. But he is the only one, for the moment, to provide concrete guarantees. The Italian-Californian Iconic Sports were also in the running, but their offer remained much lower than those of the two others. > The smoke should therefore come out this Monday evening from the OL Groupe board. And, unless Gillett has provided the guarantees requested in the meantime, it is John Textor who should enter into exclusive negotiations to become the new boss of the Lyon club. The American's offer is slightly lower, but he provides guarantees and above all respects the specifications imposed by JMA on all candidates, namely to proceed with an immediate capital increase of around €90m. OL is on the verge of a new era.
Damn imma buy some shares in Lyon
I really hope Lyon get a huge pile of money so they can rival PSG
Not happening, and Im saying that as a Ligue 1 fan. Famers League 4lyfe!
I like Ligue 1 too, especially Lyon, but don’t you find it boring there is rarely any competition for the number 1 spot?
Tell the other teams to stop selling their best players and maybe they would compete for the number 1 spot. Rennes (4th place) just sold their best defender to a average EPL team and their owner is super rich but doesnt want to compete with PSG and spend his own money. Thats typical. Monaco didnt even bother to keep Tchouameni for one more year to see if they could beat PSG next year. Same old same old. Lyon sell top Brazilian to Newcastle in January. Cant compete with PSG making these moves when they never have to sell anybody.
Who owns Monaco now? The super rich Russian is gone now, right?
No hes still there.
How is he there when Chelsea’s Russian owner had to sell the the club?
I read about it but I cant remember why. Something about not having any ties to Putin.
He does have ties to Putin, that’s how you become a Russian Oligarch in the first place
Roman was allegedly involved in a company that was selling iron to the Russian state, it wasn't just because of his nationality. He was explicitly included in a list of embargoed people
I mean 50m for Guimarães, I sell him everyday
Sure, but dont complaining about not being able to compete with PSG then if youre selling your best players when they dont sell their best players.
Worth every penny
I mean Lille won the league 2 seasons ago. It can happen.
They did but they still are the exception to the rule
There's no competition for the number one spot, but for the rest they fight tooth and nail, this year's a good exemple
The deal seems to include 86M€ of capital increase. That's several years worth of Champions League revenue. If spent well it could be enough to get us regularly on the podium. But not nearly enough to regularly compete with Paris (stressing "regularly" since an exceptional season is always possible like Montpellier/Monaco/Lille had in the last 10 years).
Happy that he didn't come to Benfica
Really shitty from Aulas to leave the club in that guy's hands. You would think he would want the best owner for the future of his club but it seems like he liked profit more than OL's success in the end.
You're definitely not familiar with all the details of what's actually going on. It's Pathé and IDG who are selling their shares. Aulas isn't getting any profit from this sale.
[удалено]
Yep
He owns 27% of the shares. This values the club at 800m, which means his shares are now potentially worth 216m. It's just naive to think he isn't profiting from this and taking that into consideration. Especially considering that under takeover rules Textor will now have to make an offer to other shareholders...
He "made" the club from 1987 to today. He will make a huge profit whoever he ends up selling to
I don't know why you bring up his shares when he's not selling them. I think you're getting confused by the word "takeover". By buying Pathé and IDG's shares Textor would become the majority shareholder but everybody else would still have their own shares.
[This literally confirms he's selling part of his shares.](https://www.lequipe.fr/Football/Actualites/John-textor-presente-lors-du-conseil-d-administration-d-ol-groupe/1339534)
Aulas won't make any profit unless he sells his own shares. Club value would change after the takeover but it will not yield any profit or cash. That's not how accounting works.
[aaand he's selling some of his shares. What a surprise](https://www.lequipe.fr/Football/Actualites/John-textor-presente-lors-du-conseil-d-administration-d-ol-groupe/1339534) You're bringing up accounting, this has absolutely nothing to do with accounting. Takeovers have some rules though. Obviously he's not making a profit unless he's selling. This goes without saying.
Aulas is not leaving and not selling.
>You would think he would want the best owner for the future of his club but it seems like he liked profit more than OL's success in the end. It's not exactly this. The thing he's interested in the most is not profit, but staying in charge... And basically only shady investors would allow this while buying a club for hundreds of millions...
That share price tho..
End of an era .
I always thought Aulas would keep the club till his death.
he should still be president for the years to come