Live broadcast on August 31 according to the report of the French media team newspaper, at the request of former Lyon President Olas, the court frozen 14.5 million assets of the club, which shocked Lyon club.
According to the report, Olas filed a special lawsuit with the Lyon Commercial Court, freezing the 14.5 million euro assets of the Lyon club and the security pledge held by the American boss in a way that was not rejected. Lyon club has lacked disposable liquidity these days and has been comforting creditors.
It is said that Olas thought he had no other choice but to recover the arrears through this procedure. The 14.5 million euros frozen was equivalent to a part of his remaining shares in the club.
The executive chairman of Lyon, Santiago Kuchi, said that the club had basically returned to normal and accused Olas of his behavior: “Olas blocked our account and put us at risk in the credit line, this violates the interests of the club and his own traditions. We hope that he can respect the traditions.”
The Lyon club then appealed to the commercial court to cancel the decision. They also believed that the people around Olas had a connection with the president of the Commercial Court, and the club would take all possible means to fight against the decision.
Cooch also said: “We had a meeting with Olas in early August and it went very smoothly. As a result, he froze the club’s bank account while talking.”
Due to the complexity of financial and bank arrangements in the transaction, Textor, the current shareholder of Lyon, has been unable to pay the arrears to Olas, but they said they had expected difficulties and planned to raise interest rates.
(zoli)
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