As owner of Botafogo, he will invest R $ 2.2 billion for the purchase of Lyon

Lyon and American John Textor, owner of Botafogo, introduced this week the preliminary settlement for the purchase of the French membership. The operation is sort of sophisticated as a result of the group has completely different shareholders and kinds of shares. Finally, the entrepreneur’s deliberate funding is not less than 413 million euros (R $ 2.2 billion) – the quantity could also be greater relying on sure variables.

To do that math, the weblog has the assist of economist César Grafietti, a membership finance specialist. All calculations are based mostly on Lyon’s personal official monetary announcement about the operation.

The purchase of Lyon and Botafogo was made by the firm Eagle Football Holdings LLC, which is owned by Textor and based mostly in the USA. Businessman Jaime Salter was additionally talked about as a companion in the assertion.

There’s an enormous distinction in the quantity Lyon has invested for Botafogo: it’s 5 instances that. Textor purchased SAF from alvinegro membership with a assure of an funding of R $ 400 million in trade for 90% of the shares. This disparity is comprehensible solely as a result of of the distinction in the trade charge, we and Lyon being a membership with entry to the Champions League.

With that stated, let’s get into enterprise. There are two fairness groups in Lyon: 1) straight owned by the group 2) debt securities will be transferred to shares (Osrane) made to pay for the building of the new stadium and loans. These two sorts of shares are reduce between Pathé, IDG, Holnest and the normal public. Holnest is owned by Jean Micheal-Aulas, who runs the membership and turns into a member of Textor.

Initially, Textor’s firm will purchase 66.56% of the membership’s shares. The set worth is 3 euros per share, slightly below the present trade charge. There are about 59 million shares in complete. Therefore, Eagle Holdings will pay 117 million euros for this package deal.

In addition, the American dealer will purchase a package deal of Osrane bonds that, if transformed, can be 69.9 million shares. For this package deal, he will nonetheless pay 209.7 million euros.

There can also be a dedication by Textor to make an extra funding of 86 million euros to extend the group’s capital in Lyon. As a end result, its estimated base funding is 413 million euros (R $ 2.2 billion). With that cash, Eagle Holdings will personal 80% of the shares in Lyon, valued at € 529.5 million.

Other extra investments could also be made by Textor as supplied in the discover. He can nonetheless purchase diluted shares from the public if the public accepts the € 3 supply and Holnest himself. In reality, with Holnest, he will maintain 88% of Lyon’s capital, a proportion similar to what he controls in Botafogo.

Aulas, owner of Holnest, will proceed as supervisor at Lyon for not less than three years. Finally, Lyon reported a worth of 884 million euros.

The relationship between Lyon and Botafogo might be in a neighborhood, in Textor’s phrases. In his assertion about the French membership, the businessman stated Lyon was the “epicenter” and “cornerstone” of his funding challenge in soccer golf equipment. Apparently that is the American soccer businessman’s greatest funding. To Globo Esporte columnist, Paulo Vincíus Coelho, stated that managing Brazil is a precedence as a result of Lyon will proceed to handle Aulas.

Grafietti analyzes that the construction of multiclub groups has develop into commonplace in world soccer. There is a strategic benefit of making recipes in several nations and a normal sports activities tradition.

“One of the most attention-grabbing methods so as to add worth to a soccer membership is to personal multiple membership in several markets. The so-called Multiclub Ownership permits soccer to be thought of on a scale. idea: the similar sports activities tradition, standardized coaching, entry to athletes and recipes from completely different nations.

And there are various fashions of operation, as in the case of Red Bull, which makes use of market soccer in lots of nations, with a extra central membership (RBLeipzieg), in addition to the City Football Group. And fashions with extra aggressive golf equipment have been developed, as in the case of Textor. 777 Partners is creating one thing like this, and on a small scale the relationship between Valladolid and Cruzeiro places Ronaldo on the similar profile. There are many teams focusing on this idea, and every group will discover a mannequin that most accurately fits the goals of the shareholders, ”he stated.

To learn the way Textor constructed the group of golf equipment in observe, which additionally features a minority stake in Crystal Palace, in the Premier League, and management of Molenbbek, in the Belgian second division.

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