on OLYMPIQUE LYONNAIS GROUPE (EPA:OLG)
Review of recent events and outlook for Eagle Football Group
Following the 2024 summer transfer window, Eagle Football Group (EFG) takes stock of its recent activities and reveals its outlook. In spring 2024, EFG announced the sale of non-core assets and was targeting significant player transactions. In parallel, parent company Eagle Football Holdings (EFH) is working towards an IPO on the New York Stock Exchange and the sale of its stake in Crystal Palace FC.
Among the successes, Olympique Lyonnais improved its sporting performance, obtaining direct qualification for the 2024/2025 Europa League. EFG also sold OL Vallée Arena and the NWSL franchise Seattle Reign FC.
Current projects include the IPO of EFH planned for the end of 2024 and the sale of the stake in Crystal Palace FC. These initiatives aim to reduce debt and finance football clubs. However, the acquisition of RWD Molenbeek is not finalized.
Challenges remain, including the failure to meet player transfer targets during the summer transfer window and a significant reduction in Ligue 1 domestic TV rights revenue. In response, EFH is planning €40m in funding for EFG and a cost rationalisation plan.
R. H.
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