OL Groupe: total revenue of €289.7m (+15%) and net loss of €99m (+80%) in 2022-23

OL Groupe's total revenue from operations during the 2022-23 financial year (from 01/07/2022 to 30/06/2023) was €289.7m, up 15% on 2021-22 (€252.6m), announced the holding company that owns Olympique Lyonnais (Ligue 1 Uber Eats) on 25/10/2023. The group's net loss increased to €99m, compared to a deficit of €55m at the end of the previous financial year.

"OL Groupe intends to refocus on its activities related to men's football and to divest all or part of certain non-core assets, the proceeds from the sale of which could be used to invest in the training and development of young players and to reduce the group's debt. At the same time, OL Groupe is considering the possibility of listing its shares in the United States on the New York Stock Exchange to potentially realize greater liquidity and valuation benefits (following a preliminary reorganisation whereby the Eagle Football group's interests in each of Palace Holdco UK Limited, SAF Botafogo and RWD Molenbeek Future SA may be transferred to OL Groupe, with the latter becoming the holding company owning the interests in each…