Toulouse FC: "There was never any question of speculation with RedBird" (Damien Comolli, president)

"From the beginning we have shown why we joined RedBird. All the money the club earns is reinvested in transfers, in the wage bill or in infrastructure. There was never any question of speculation," said Damien Comolli, president of Toulouse FC (promoted to the Ligue 1 Uber Eats) since the club's takeover by the US investment fund RedBird Capital Partners in July 2020, to the website actu.fr on 23/08/2022.

"Since our arrival, everything we have said, we have done. We said that we would go up, that we would be champions and that we would do it in a certain way, relying on the youngsters... We also said that if we made money, it would be reinvested. Facts are stronger than words. Except that we had the words and the facts. It's always about getting better, not about making money in the short term. That's not RedBird's philosophy at all. The average holding period of a company by this investment fund is 12 years. At the moment, we are thinking about what we will be doing in 10 or 15 years' time," said Comolli.

The former sporting director of AS Saint-Etienne (Ligue 2 BKT) and Liverpool…