TEXTOR v. KANG Assessment of the Verified Complaint filed 20 July 2026 Case No. 502026CA008054XXXAMB · Fifteenth Judicial Circuit, Palm Beach County, Florida · Div. AF 21 July 2026 Not legal advice, […]
The Analysis Series: Olympique Lyonnais, Two Ownership Transactions: the 2022 Eagle Football / John Textor acquisition and the 2026 Michele Kang / Olympe Bidco acquisition
28 June 2026 Sources: AMF / Euronext filings · Companies House (Cork Gully Statement of Proposals) · OL Groupe / Eagle Football Group press releases (Actusnews) · KBRA / DBRS Morningstar rating […]
The Analysis Series: Analysis of the 23 June 2026 Eagle Football Group Press Release – sale of Olympique Lyonnais, impact on Ares & Botafogo
Eagle Football Group Press Release Prepared 24 June 2026 Sources: Eagle Football Group S.A. press release | Cork Gully LLP Statement of Proposals | Bloomberg | Reuters | theesk.org Summary Analysis of […]
The Analysis Series: Assessment of Florida filing: Textor v. Eagle Football Holdings Bidco Limited, Lins and Montenegro (Case No. 50-2026-CA-006258-XXXA-MB, 15th Judicial Circuit, Palm Beach County)
2026-06-12 Amended Complaint What this document actually is This is the Amended Before Reply Complaint, filed 12 June 2026 by McDonald Hopkins LLC (Alan Burger, Alaina Karsten) on Textor’s behalf, in Florida […]
The Analysis Series: GDA Luma Capital and the Botafogo SAF acquisition
GDA Luma Capital Management, L.P. is a US-registered, Miami-headquartered distressed-for-control private investment firm founded by Mexican investor Gabriel de Alba and legally established in 2021 as a Delaware limited partnership. Supported […]
The Analysis Series: Eagle Football Holdings Bidco Limited Administration: Briefing note from Administrators, Cork Gully
The following statement was released on Companies House today by Eagle Football Holdings Bidco’s administrators Cork Gully LLP Proposals: Eagle Football Holdings Bidco Overview Eagle Football Holdings Bidco Limited (Companies House number […]
The Analysis Series: Kia Joorabchian in detail (to June 3rd 2026)
This article provides a comprehensive assessment of Kiavash (“Kia”) Joorabchian. It covers his biographical background, career history, sources of wealth, verified business associations, known litigation, controversies, and his current involvement in the […]
The Analysis Series: Continuing the analysis of Eagle Football, this time RWDM Brussels FC & the urgency for a solution
Ownership, collapse, licensing jeopardy & remedial pathways This article provides a financial and strategic analysis of RWDM Brussels FC (Racing White Daring Molenbeek), examining the club’s journey since its acquisition by […]
Continuing the look at Eagle Football, Olympique Lyonnais etc….Michele Kang: ambition, complexity, and the Textor question
The public version of Michele Kang’s story is clean, almost mythological: the daughter of educators in Seoul, using her parents’ bridal savings to flee political upheaval during the 1980 Gwangju Uprising, […]
The Analysis Series: Textor v Iconic Sports Eagle Investment LLC (update)
Case Citations: [2026] EWCA Civ 355 • [2026] EWHC 514 (Comm) • CL-2025-000308 • 2:25-cv-14239 (S.D. Fla.) Verification: All case citations and procedural facts are from primary court records (Judiciary.gov.uk, BAILII, CourtListener, […]
The Analysis Series: Eagle Football Group: Assessment of Prospects (H1 2025/26 financial results)
Eagle Football Group first half financial year 2025/26 results On the operational side, the new management under Michele Kang has delivered a remarkable turnaround in six months: EBITDA has moved from c.- […]
The Analysis Series, a detailed look at the accounts of Eagle Football Group SA (EFG), formerly OL Groupe SA, the Euronext Paris-listed parent company of Olympique Lyonnais
Eagle Football Group Universal Registration Document-2024-2025 This is Eagle Football Group’s Universal Registration Document (referred to as URD or document in this report) for the fiscal year ended 30 June 2025, filed […]
Systemic collapse of Eagle Football Holdings must bring highly leveraged multi-club operations to a swift end
Eagle Football Holdings was initially marketed to global investors and regulatory bodies as a synergistic, highly integrated multi-club ownership (MCO) model, encompassing Olympique Lyonnais in France, Botafogo de Futebol e Regatas in […]
The Analysis Series: Systemic collapse of the Eagle Football multi-club ownership model: Comprehensive legal, financial, & regulatory analysis
The complete disintegration of Eagle Football Holdings multi-club ownership acts as a huge warning shot to regulators and fans alike regarding the globalisation of what remains (and should remain) independent local […]
Analysis Series: Eagle Football Group – Olympique Lyonnais (2024-2025)
Eagle Football Group (formerly known as OL Groupe) is a French holding company that owns and manages Olympique Lyonnais. French translation (here) Le Document d’Enregistrement Universel (French) This analysis examines the consolidated […]
The Analysis Series: Continued analysis of the Eagle Football Holdings collapse, updated with the Botafogo-Olympique Lyonnais litigation
What began as an ambitious attempt by American businessman John Textor to combine the talent-rich Brazilian football market with the commercial infrastructure of European leagues has culminated in a series of high-stakes […]
The Analysis Series: Eagle Football Holdings insolvency will satisfy none of the constituent clubs, nor their fans – particularly Botafogo
Analysis of Eagle Football Holdings insolvency: Debt, inter-company receivables, and the status of Botafogo SAF claims As of April 2, 2026, the governance and structural integrity of the conglomerate has evolved from […]
The Analysis Series, Concluding the Eagle Football Analysis – RWDM Brussels
The emergence of multi-club ownership (MCO) has fundamentally re-calibrated the financial and operational parameters of professional football. At the heart of this was John Textor’s Eagle Football Holdings, a corporate structure designed […]
The Analysis Series: Financial evolution of Eagle Football Group: Analysis of EBITDA and operational performance (2021–2026)
Football is a high risk business. Financial performance is determined by success on the pitch, the security of media rights deals, player acquisition and disposal, the cost and form of capital […]
The Analysis Series: Analysis of Ares Capital Corporation and Eagle Football Holdings Bidco Limited debt architecture
With the appointment of administrators, Cork Gully, in London’s High Court on Friday 27th March 2026, a detailed analysis shows Ares (the lender and security agent) rights and what happens to the […]