Monday, July 6, 2020

Béziers in exclusive negotiations with Emirati investors and Christophe Dominici

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The leaders of AS Béziers will enter into exclusive negotiations with the UAE investors, represented by Christophe Dominici, interested in a takeover, the club of Pro D2 announced on Saturday 27 June.

"The two parties met in Paris to discuss the future of AS Béziers Hérault, in a peaceful and constructive atmosphere", wrote the club in a press release.

"During this meeting, the current shareholders were reassured about the identity of the investors and their financial capacity. At the same time, the club's financial accounts appeared sincere and reassuring. The two parties sought their advice in order to draft, within a short time, a memorandum of understanding, while entering an exclusive period ", continues the club.

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Withdrawal of majority shareholder

Friday, the majority shareholder of ASBH Louis-Pierre Angelotti abandoned his plan to take over the club, reopening the way for takeover by UAE investors and Christophe Dominici. Mr. Angelotti said he had "Suffered serious insults and unacceptable and unbearable threats".

The club announced on Tuesday that the takeover project carried by Mr. Angelotti, associated with the former president of Stade Toulousain Jean-René Bouscatel, has been retained. In the aftermath, the mayor of the city, Robert Ménard, said to himself "Amazed" and had announced his intention to reunite "Everyone around a table".

Dominici, a former XV international from France, said he wanted to "Build a great team, with national and international players".

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The World with AFP

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