Olympique Lyonnais: shareholders Pathé and IDG Capital announce their intent to sell shares (39%)

The French group Pathé (film production and distribution, cinemas) and the Chinese investment fund IDG Capital, both shareholders of OL Groupe, the holding company of Olympique Lyonnais (Ligue 1 Uber Eats), have announced that they have mandated "Raine, an investment bank specialised in the media and sports sector, to evaluate their strategic and financial options concerning their respective stakes in the club," on 09/03/2022.

Pathé became a shareholder of OL Groupe in April 1999. It currently owns 19.26% of the capital (and 24.45% of the voting rights, as of 31/12/2021). IDG Capital acquired shares at the end of 2016 and now holds 19.74% of the club (and 25.07% of the voting rights). The two shareholders therefore hold a total of 39% of OL Groupe.

"Pathé and IDG Capital have received expressions of interest from investors and will give preference to parties wishing to work with the current management to further develop the club's vision and build on the Olympique Lyonnais legacy," added the two parties.

"OL Groupe notes the intentions declared by Pathé and IDG (and) recalls that, as…