OL: Many investors are ready to buy the shares of two deceased shareholders

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While Pathé and IDG Capital have stated that they were selling their shares in OL Group, several shareholders would have expressed interest in their entry into Lyon Capital. He still has to negotiate with the majority shareholder and club president Jean-Michel Aulas, who does not intend to split his power.

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Investors are banging on the gate. OL Group isn’t doing so badly, because following the announcement in March of Pathé and IDG Capital pulling out of Lyon Club capital, the latter must have received at least six offers to buy back these shares, 19, 36. % and 19.85% respectively, according to a person familiar with the matter cited by Bloomberg. American Financial Group reports that American and European investors have made offers to the club.

an unimaginable potential majority entry

Bloomberg said potential buyers are expected to speak to management next week. The potential buyer, who could enter up to 40% of the capital by combining the two shares, will have to go side-by-side with Jean-Michel Aulas, who wants to keep his stake of around 28%. Which makes him, through HOLNEST, the club’s biggest player at the moment.

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The president of the OL would have no desire to find himself in the minority, and therefore is not sure of transacting discussions. An acquisition of more than the share held by Aulas would then call into question the management of the club. Will the OL boss pull off the masterstroke of 1999, when Pathé entered club capital without taking control?

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Aulas exists until at least the end of 2023?

Jean-Michel Aulas does not plan to step down as president of the Official Language, the one who notably still wants to remain in charge at the end of 2023, the date on which the Arena will be inaugurated with ASVEL. Recent playing records do not play in its favor, as the title’s value has dropped from 24 to 2 euros, twelve times its introductory price. OL Groupe is now worth around 120 million euros on the stock market.

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