According to L’Équipe American businessman John Textor has passed a financial examination in front of France’s financial watch-dog, the DNCG, in order to take financial control of Olympique Lyonnais.

Nearly five months after entering exclusive negotiations with the OL Groupe, John Textor is yet to officially become owner of the club – but after two successful reporting processes, his company Eagle Football will officially be purchasing the shares of Pathé (19.3%) IDG (19.8%), and the holdings of president Jean-Michel Aulas (27.7%).

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Lyon will officially join the multi-club project of Eagle Football, which includes Crystal Palace (with current sporting director Dougie Freedman being seen at the Groupama stadium last Friday). 

The sale of Lyon was delayed on more than one occaison, the latest of which was in late October as Textor was reportedly still trying to find investors or prove / identify the investors that were already in place.  After 30 September and 21 October, 17 November became the third date set for the sale, while OL Groupe’s listing was suspended on 19 October.

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