Brief: Eagle Football Group Signs Agreement For Michele Kang To Take Control

Eagle Football SA

23/06/2026 15:47

June 23 (Reuters) - Eagle Football Group SA EEFG.PA:
SIGNS DEFINITIVE AGREEMENT BETWEEN EAGLE BIDCO, MICHELE KANG, OL GROUP TO TAKE CONTROL OF EFG BY OLYMPE BIDCO
PROPOSED TRANSACTION INCLUDES ACQUISITION OF ENTIRE STAKE HELD BY EAGLE BIDCO FOR TOTAL OF $30 MILLION FOR 87.78% STAKE IN COMPANY
TRANSACTION INCLUDES MAX. EUR 71 MILLION FUNDING COMMITMENT BY MICHELE KANG'S ENTITY TO OL GROUP OVER NEXT TWO FOOTBALL SEASONS
FIRST INSTALMENT OF EUR 31 MILLION MADE AVAILABLE AT CLOSING OF ACQUISITION
CLOSING OF TRANSACTION SUBJECT TO OL TEAM BEING MAINTAINED IN LIGUE 1 FOR 2026/2027 SEASON BY THE DNCG, COMPLETION OF CERTAIN CLOSING STEPS EXPECTED TO BE SATISFIED BY 30 JUNE
Source text: ID:nACT98859
Further company coverage: EEFG.PA

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