US CEO and owner of Olympique Lyonnais (OL) John Textor delivers a press conference at the Groupama Stadium in Decines-Charpieu on May 9, 2023, the day after he decided to end the contract of OL's historic CEO Jean-Michel Aulas. Jean-Michel Aulas' departure was planned but it has been hastened. He has handed over the controls of Olympique Lyonnais to American businessman John Textor, a thunderous move in Lyon that marks the end of a historic era.
Crystal Palace co-owner John Textor has been given a stiff incentive to dispense with his shares in the club sooner rather with one of his other clubs, Lyon, threatened with relegation if they don't improve their financial position.
Textor holds a 45 per cent stake in Crystal Palace, as well as stakes in Brazilian side Botafogo, Belgian side RWD Molenbeek, American side FC Florida, and Lyon, where he took over last year.
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