Eagle Football Group says Michele Kang’s Olympe Bidco completes $30 million purchase of 87.78% stake

  • Olympe Bidco, backed by Michele Kang, bought Eagle Football Group’s 87.78% stake from Eagle Football Holdings Bidco for USD 30 million.
  • Deal price set at USD 0.19 per share.
  • An offer is to be filed for the remaining shares at the same price.
  • Olympe Bidco also provided a EUR 31 million shareholder loan, with commitments up to EUR 71 million over two seasons.
  • Debt rescheduling for OL SASU became effective; intra-group debts owed to Eagle Football affiliates were released.


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