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Eagle Football Group
The Eagle Football Group (formerly OL Groupe) is a French holding company created in 1999 primarily known for its ownership and management of the Olympique Lyonnais professional men's and women's association football clubs and their stadium, Parc Olympique Lyonnais. Since June 2022, the company is primarily run by Eagle Football Holdings, which is owned by American businessman John Textor.
OL Groupe was renamed to Eagle Football Group in 2024.
The Eagle Football Group as a holding company was officially created on 1 February 1999, announced in the same month as Pathé group obtaining a minority stake of 34% on an investment of €15.2 million. Olympique Lyonnais owner Jean-Michel Aulas owned the remaining 66% of the holding company and controlled its operations as chief executive officer.
On 9 February 2007, OL Groupe went public on the Paris Stock Exchange in an initial public offering, the first time a French football club had done so, by selling 28% of its stock at €24 per share. This raised €89 million toward the financing of the OL Land project, a property development that included a stadium to be named Stade des Lumières, French for Stadium of Lights.
After numerous appeals and delays, OL Groupe signed the stadium's building permit on 3 February 2012, at a total cost of €405 million, but the project's financing was not finalized until July 2013. The stadium opened on 9 January 2016, five and a half years after its initially scheduled completion date, and was named Parc Olympique Lyonnais.
In August 2016, OL Groupe announced that Chinese investment fund IDG Capital had obtained a 20% stake in OL Groupe for €100 million. The deal was finalized in February 2017. OL Groupe formed a joint company, Beijing OL FC, with OL Groupe holding a 45% share to establish partnerships with local companies, create football schools, and expand the Olympique Lyon football brand in China.
On 22 June 2019, OL Groupe acquired a 25% stake in French men's basketball club ASVEL Basket of Villeurbanne for €3.4 million, and a 10% stake in its women's team for €300,000. OL Groupe also unveiled plans for a €100 million performance hall near the stadium, now named Groupama Stadium, that could host concerts at a capacity of 16,000 people and sporting events for up to 12,000 people, suitable for ASVEL Basket to play its matches there. Former National Basketball Association player Tony Parker was president of the club and majority shareholder of ASVEL Basket, and became an ambassador of the OL brand in the United States.
At the end of December 2020, OL Groupe acquired an additional 6.3% stake in ASVEL Basket's men's team, for a total stake of 31.67%. As of 14 February 2023[update], OL Groupe's stake was 33%, and Parker was reportedly considering selling his stake.
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Eagle Football Group
The Eagle Football Group (formerly OL Groupe) is a French holding company created in 1999 primarily known for its ownership and management of the Olympique Lyonnais professional men's and women's association football clubs and their stadium, Parc Olympique Lyonnais. Since June 2022, the company is primarily run by Eagle Football Holdings, which is owned by American businessman John Textor.
OL Groupe was renamed to Eagle Football Group in 2024.
The Eagle Football Group as a holding company was officially created on 1 February 1999, announced in the same month as Pathé group obtaining a minority stake of 34% on an investment of €15.2 million. Olympique Lyonnais owner Jean-Michel Aulas owned the remaining 66% of the holding company and controlled its operations as chief executive officer.
On 9 February 2007, OL Groupe went public on the Paris Stock Exchange in an initial public offering, the first time a French football club had done so, by selling 28% of its stock at €24 per share. This raised €89 million toward the financing of the OL Land project, a property development that included a stadium to be named Stade des Lumières, French for Stadium of Lights.
After numerous appeals and delays, OL Groupe signed the stadium's building permit on 3 February 2012, at a total cost of €405 million, but the project's financing was not finalized until July 2013. The stadium opened on 9 January 2016, five and a half years after its initially scheduled completion date, and was named Parc Olympique Lyonnais.
In August 2016, OL Groupe announced that Chinese investment fund IDG Capital had obtained a 20% stake in OL Groupe for €100 million. The deal was finalized in February 2017. OL Groupe formed a joint company, Beijing OL FC, with OL Groupe holding a 45% share to establish partnerships with local companies, create football schools, and expand the Olympique Lyon football brand in China.
On 22 June 2019, OL Groupe acquired a 25% stake in French men's basketball club ASVEL Basket of Villeurbanne for €3.4 million, and a 10% stake in its women's team for €300,000. OL Groupe also unveiled plans for a €100 million performance hall near the stadium, now named Groupama Stadium, that could host concerts at a capacity of 16,000 people and sporting events for up to 12,000 people, suitable for ASVEL Basket to play its matches there. Former National Basketball Association player Tony Parker was president of the club and majority shareholder of ASVEL Basket, and became an ambassador of the OL brand in the United States.
At the end of December 2020, OL Groupe acquired an additional 6.3% stake in ASVEL Basket's men's team, for a total stake of 31.67%. As of 14 February 2023[update], OL Groupe's stake was 33%, and Parker was reportedly considering selling his stake.