"Olympique de Marseille not for sale", assures its president

Olympique Marseille's supporters display a banner prior to the French L1 football match between Olympique de Marseille (OM) and Football Club de Nantes (FCN) at the Velodrome Stadium in Marseille, southern France, on February 22, 2020. - Nantes won 3-1 . (Photo by GERARD JULIEN / AFP)

The day after the revelation of an offer to buy the club, Jacques-Henri Eyraud (JHE), the president of the OM, assured, on Saturday June 27, that "Marseille Olympique is not for sale".

"I thank the people who have a financial interest in OM, but we are not interested in the session", added JHE.

Friday, an offer of 700 million euros, with Saudi funds, led by the ex-leader of the Toulon rugby team Mourad Boudjellal, had agitated French football.

This offer would be articulated in 300 million euros for the buyout of the club, 200 million euros to settle debts and another 200 million euros for the transfer window.

Frank McCourt, the American owner of OM, has already invested more than 300 million euros in the club: 50 million euros on purchase, 78 million euros in debt recovery and around 220 million euros in transfers.

Also read: Mourad Boudjellal, the former president of the Toulon rugby club, says he is the bearer of a bid on Olympique de Marseille.

Frank McCourt projects

Some sources believe that 300 million euros is a good price for McCourt, who would not lose too much in the business. Others, on the contrary, point out that the American businessman, if he has to resell, will do so much later and with profits.

He had made a very good financial transaction by selling his Los Angeles Dodgers baseball team for more than $ 2 billion, when they had bought them $ 430 million.

Internally, it is emphasized that McCourt's project is " long-term ", like the extension of the contract until 2024 with a simultaneous drop in pay for playmaker Dimitri Payet, announced on Saturday. Payet is going "Halve his salary for 2020-2021 and 30% for 2021-2022", specified Jacques-Henri Eyraud.

Read also Financial fair play: OM sanctioned but allowed to compete in the Champions League

The World with AFP

LEAVE A REPLY

Please enter your comment!
Please enter your name here