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Daily Mirror
Daily Mirror
Sport
Chris Doyle

Ex-Liverpool owner George Gillett's son strikes £510m Lyon takeover deal

George Gillett Lyon Liverpool JeanMichel Aulas Tom Hicks Ligue 1

Foster Gillett – the son of former Liverpool owner George Gillett - is set to complete a takeover at Lyon worth £510million.

The younger Gillett is set to become the majority shareholder of the Ligue 1 outfit after reaching an agreement with owner and president Jean-Michel Aulas, who is set to depart the club in the coming years, according to L'Equipe, via Get French Football News.

Aulas was forced to find new investors following an announcement three months ago by Pathe and IDG Capital that they would be selling their respective 20 per cent stakes. Gillett’s offer is just shy of the €600m mark (£510m) and is set to beat three other bidders, among whom is Crystal Palace co-owner John Textor.

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