British investment fund in advanced talks to buy OGC Nice

Nairavoice | 5d ago 296 0 1 min read
British investment fund in advanced talks to buy OGC Nice
773c9c8689dffbe9b2c5e7bb691b7648 British investment fund in advanced talks to buy OGC Nice

OGC Nice’s future is closer to being resolved, with a British investment fund in talks to sign the Ligue 1 club, as per a report from L’Équipe.

Nice’s future has been in suspense for many months. It has been over a year that the INEOS-owned club has been up for sale, with the owners mandating Lazard to find a buyer. For several months, American interest had been touted. However, with the club sliding into a relegation battle, the deal did not progress. Le Gym’s status in the top flight for next season was secured thanks to a 4-1 win over AS Saint-Étienne in the promotion/ relegation play-off at the end of May. 

The club set a date of 15th June to advance the deal and progress has been made with a deal with an unnamed British investment fund now close, L’Équipe understands. The arrival of competition to purchase the French club has likely driven up the price, the publication adds. 

GFFN | Luke Entwistle

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Nairavoice

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