Eagle Football Group confirmed on Tuesday the opening of a process that could lead to the sale of its assets, including Olympique Lyonnais.
This new step comes after the removal of John Textor from the operational management of OL and Eagle Football Group at the end of March 2026. The group had then explained that the administration of its majority shareholder, Eagle Bidco, did not affect its operation in the short term, but the pressure around governance has clearly increased since then.
Ares and Michele Kang already lying in wait
A consortium comprising Ares Capital and an affiliate of Michele Kang has already expressed interest in a potential acquisition. This possibility places Michele Kang at the heart of the action, given her already key role in the Lyon ecosystem and her potential to become a central figure in the takeover.
An independent committee to oversee the sale
To manage this sensitive process, an independent committee has been established. Its role is to review incoming offers, limit potential conflicts of interest, and ensure that the club's future is handled within a framework deemed more transparent. Several press reports emphasize this point as a clear signal: the sale is now being approached in a structured manner.
The club's future hinges on the stability of the new owner.
Beyond simply changing ownership, the key issue now is the stability of Olympique Lyonnais. The club is emerging from a period of significant financial and institutional fragility, which explains why the credibility of potential buyers will be closely scrutinized. The message sent by Eagle Football Group is therefore twofold: to manage the recovery and to try to secure the long-term future of the Lyon club.
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