OL Groupe: total revenue of €252.5m (+42%) in 2021-22, expected EBITDA between €13-17m

OL Groupe's total revenue for the 2021-22 financial year (from 01/07/2021 to 30/06/2022) stands at €252.5m, up 42% (+€75m) on 2020-21 (€177.4m), which confirms a "rebound as the Covid-19 pandemic subsided," announced the holding company that owns Olympique Lyonnais (Ligue 1 Uber Eats) on 22/07/2022.

"For the 2021-22 financial year, on an unaudited basis and excluding any impact from the summer transfer window that closes on 01/09/2022, the Group expects its EBITDA to return to positive territory (between €13m and €17m) a net loss narrowing significantly, while remaining in negative territory (loss of between €50m and €60m versus a loss of €107m in the previous year) and net debt of around €330m (versus €303.3m at 30/06/2021)," explained the Group.

Following the proposed acquisition of a majority stake in OL Groupe by the American holding company Eagle Football Holdings LLC, which will be voted on at the general assembly on 29/07/2022, the latter "has undertaken to subscribe (directly or via an affiliated company) for an €86m increase in OL Groupe's share capital reserved for it,…