Kang moves to take control of Olympique Lyonnais owner EFG for $30 million

Michele Kang has offered $30 million for an 88% stake in Olympique Lyonnais, along with €71 million in financing to restructure the club's debt.

Kang moves to take control of Olympique Lyonnais owner EFG for $30 million
  • Country:
  • France

Sports businesswoman ​Michele Kang, who ​has been the chair ‌and CEO ​of Eagle Football Group, has offered to pay $30 million for an ‌88% stake in a deal which also includes €71 million ($81 million) in financing aimed at restructuring the debt of ‌the owner of French soccer club Olympique Lyonnais.

($1 = 0.8789 euros)

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.