"Given the new structuring of the championships which is looming and the means necessary to continue our development project, it was my duty to consider the interest shown in the club by the various external solicitations", explained Patrice Haddad.
The daily L'Equipe estimates the amount of the transaction at more than ten million euros.
Franco-Senegalese striker from Metz Opa Nguette, struggling with Tunisian midfielder from Red Star, Teddy Teuma (l) and Tunisian striker Idriss Mhrisi, during the round of 16 of the Coupe de la Ligue, on 25 October 2017 at Stade Saint-Symphorien SEBASTIEN BOZON AFP/Archives
The Red Star, founded in 1897, is entering the final round of negotiations with this Miami-based investment company, which has assets in insurance and aeronautics as well as sports and entertainment.
777 Partners controls the teams of Standard de Liège (Belgium), Genoa (Italy) and Vasco da Gama (Brazil), in addition to holding "a significant stake" in Sevilla FC, in its terms.
The Audonian club, 11th in the National, began work last summer to renovate its dilapidated Bauer stadium, which should be completed in the spring of 2024.
The Bauer Stadium where the Red Star team plays, on November 18, 2021, whose renovations are due to be completed in the spring of 2024 Thomas SAMSON AFP / Archives
More than a dozen French formations fly the foreign flag, a phenomenon that even reaches the third division, where Saudis took control of Châteauroux (then in Ligue 2) last year.
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