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Foster Gillett To Become Lyon's New Majority Shareholder


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  • The title was changed to Foster Gillett To Become Lyon's New Majority Shareholder
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Gillett had pulled out of the deal. A takeover of Lyon would add to Textor's portfolio of football club ownership.

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Textor last year paid £90 million for a stake in Crystal Palace, having previously failed with an attempt to purchase 25 per cent of the Portuguese side Benfica.

It is understood his stake in the Premier League club is around 40 per cent.

The Athletic revealed in December that he entered into talks to buy RWD Molenbeek. Textor went on to buy 80 per cent of the Belgian second-tier club. He is also the majority shareholder of Brazilian side Botafogo.

 

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