Appointment of Administrators to Eagle Football Holdings Bidco Limited

Cork Gully have been appointed as administrators of Eagle Football Holdings Bidco Limited (“Eagle Bidco”) under English insolvency law following events of default under its financial agreements.

Eagle Bidco is the intermediate holding company that owns shares in a number of football clubs, including its majority shareholding in Eagle Football Group SA, the listed parent company of Olympique Lyonnais, a leading club in France’s Ligue 1, together with interests in SAF Botafogo, one of Brazil’s most historic football clubs, and RWDM Brussels, a professional football club based in Belgium.

The administrators have not been appointed over any subsidiary of Eagle Bidco, including any football club, and no club has entered an equivalent process as a result of this appointment. Each club continues to operate as normal.

Upon appointment, the administrators assume control of Eagle Bidco and the powers of its directors are suspended, in accordance with English law. A statutory moratorium now applies to Eagle Bidco.

The administrators will seek to achieve the statutory objectives of an administration. Their primary objective is to rescue Eagle Bidco as a going concern. If that is not possible, they will seek to achieve a better outcome for creditors than might otherwise be available. Failing both of those outcomes, the administrators will seek to realise the company’s assets for the benefit of creditors.

The administrators recognise the importance of stability for football clubs, their employees, players, supporters and wider stakeholders. As the appointment relates solely to Eagle Bidco, no football club has entered an insolvency process, and day‑to‑day operations, fixtures and sporting activities continue as normal. The administration process is intended to provide an orderly framework to protect value and continuity, not to disrupt clubs or their supporters.

Creditors of Eagle Bidco should contact the administrators by emailing [email protected] to register a claim.

Potential bidders and any other interested parties are encouraged to contact the administrators by emailing [email protected] to express an interest in the assets.