Olympique Lyonnais: "We need to sit down with the DNCG" (John Textor)

"We are in contact with the DNCG. The financial projections given to them by Jean-Michel Aulas (former president) predicted sales of €70m in summer 2023. I have no such intention. So we need to sit down with the supervisory body. I know its chairman (Jean-Marc Mickeler). He has been very understanding about the purchase process," said John Textor, president of Olympique Lyonnais (Ligue 1 Uber Eats) since 05/05/2023, to the French sports daily L'Équipe on 03/06/2023.

"OL Reign is in the process of being sold. This will generate a significant amount of cash. Probably $53m (€49.5m as of 05/06/2023)," added the American, who acquired OL Groupe via his company Eagle Football Holdings on 19/12/2022, regarding the NWSL franchise previously held by Olympique Lyonnais. The group announced that it had given a sale mandate to the Raine Group investment bank on 12/04/2023.

"We are also going to significantly reduce our losses. The women's department was losing €15m a year. That's a lot of money for a lot of trophies. Michele Kang is prepared to invest more. She can integrate these losses. Her…