Chinese investors complete €100m Lyon cash injection
LYON: Lyon's new Chinese stakeholder on Monday (Feb 27) completed a promised €100-million investment, as the French Ligue 1 club attempts to rediscover its glory years.
 |
| Lyon, who won the Ligue 1 title every season from 2002 to 2008, are fourth in the table. (AFP/JEAN-PHILIPPE KSIAZEK) |
Chinese investment fund IDG Capital Partners injected €30 million into the multiple French champions in December, with the remaining €70 million (US$75 million) arriving on Monday.
IDG now hold 20 per cent of the club's holding group run by Lyon president Jean-Michel Aulas.
Lyon, who won the Ligue 1 title every season from 2002 to 2008, are fourth in the table, 16 points behind leaders Monaco.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Vietnam Sport Show 2024 to feature new highlights in late September (September 21, 2024 | 10:27)
- 2024 Vietnam Golf & Leisure Awards honour best golf destinations (September 20, 2024 | 17:23)
- India's Rahil Gangjee shines at BRG Open Golf Championship in Danang (September 04, 2024 | 16:56)
- Nearly 150 golfers compete at BRG Open Golf Championship in Da Nang (August 30, 2024 | 08:50)
- Tottenham-bound teen Yang called up by South Korea (August 27, 2024 | 14:32)
- Spanish player claims victory at PBA-LPBA SY Bazzar Hanoi Open 2024 (August 27, 2024 | 10:58)
- Vietnam top at 2024 Asian shuttlecock championships (August 27, 2024 | 10:46)
- Jackie Chan to carry torch ahead of Paralympic opening ceremony (August 26, 2024 | 16:54)
- Bayern plot to recapture Bundesliga with Leverkusen in crosshairs (August 23, 2024 | 15:28)
- Mbappe ready for Bernabeu bow as Ancelotti seeks Madrid balance (August 23, 2024 | 15:17)
Mobile Version