Jean-Michel Aulas freezes €14.5m of Lyon’s funds
At the demand of former president Jean-Michel Aulas, the Lyon Chamber of Commerce has frozen €14.5m of Olympique Lyonnais’ funds, as well as the pledges of security, according to L’Équipe.
As a result of this move, Lyon currently have no liquidity with just two days remaining in the transfer window. The club is seemingly at war. Aulas sold the club to John Textor’s Eagle Football last season. The former has since lost his role as club president, and on Tuesday night, Aulas threatened to sue Textor for defamation following the latter’s comments in a press conference.
“I’m assuming that John Textor didn’t make these comments, because if he did, he’d be liable to a libel suit and, what’s more, he’d risk disastrous sanctions for OL from the DNCG and the LFP [League authorities] …,” said Aulas on X on Tuesday night. <a href=«http://as» announced in a statement released through holnest the former family holding which he retains shares club. data-wplink-url-error=«true» target="_blank">RMC Sport
have since reported that Aulas will indeed sue Textor -as announced in a statement released through Holnest – the former’s family holding through which he retains shares in the club.The situation has become yet more serious. Aulas resorted to a special hearing in front of the chamber of commerce, which has allowed him to obtain a €14.5m freeze on OL’s accounts, as well as the pledges of security held by the club’s new American owner. The equity, which was given as guarantees to the bank now being used as security, the banks could now make a U-turn.
According to L’Équipe, Aulas felt as though he had no other option but to begin this procedure in order to get back the €14.5m, which corresponds to his remaining share at the Rhône club. “Jo
Read on getfootballnewsfrance.com
