on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
Legal Dispute Emerges Between Olympique Lyonnais and Former CEO John Textor
Olympique Lyonnais (OL) faces a legal challenge from its former CEO, John Textor, and Eagle Football Holdings LLC. They filed a lawsuit with the Lyon Commercial Court, claiming OL owes them €2.5 million under a "management fees" agreement and €18.4 million relating to a short-term advance. The hearing is set for September.
The lawsuit follows the June 2026 release of OL group debts linked to John Textor and affiliated entities, occurring alongside Eagle Football's sale of its controlling stake in OL. This claim intensifies the ongoing legal friction between Mr. Textor and the club.
OL criticizes the lawsuit as an attempt by Textor to destabilize the club. They intend to defend their position vigorously and may seek compensation for any damages caused by these actions.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all OLYMPIQUE LYONNAIS GROUPE news