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Start of negotiations for McCourt and Wingate for the takeover?

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This Thursday, Le Parisien informs us that negotiations for the acquisition of Olympique de Marseille have started. These discussions include OM shareholder Frank McCourt and the investment bank Wingate, mandated by the Franco-Tunisian businessman Mohamed Ayachi Ajroudi. The 68-year-old businessman intends to set up a “Mediterranean” project, with OM at the center of the project. At first, the owner of OM would have made it known that he was absolutely not a seller, which would not have scared the Franco-Tunisian who would have said that “everything is for sale, everything is to buy ”

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“We need a lot more confidentiality now”

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One of the potential buyers would have told AFP that he wanted the negotiations to be done discreetly: “Talking too early points the opposing party, and that’s normal. Much more confidentiality is now required. ” Mohamed Ayachi Ajroudi indicated his wish to take his time: “The two parties must be happy, it’s counterproductive to corner someone,” said a person familiar with the matter.

According to Le Figaro, the businessman would be ready to invest a total of 700 million euros to buy out the Marseille club. A sum deemed excessive according to Le Parisien.

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