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Davis Polk Advises Michel Seydoux on the Sale of LOSC Lille

09 Feb 2017

Davis Polk advised Michel Seydoux, following the beginning of the exclusive negotiations in late October 2016 and the execution of the share purchase agreement in late December 2016, on the completed sale of the majority of the share capital of LOSC, the French First Division (Ligue 1) football club based in Lille, to Gérard Lopez, a Spanish and Luxembourgish businessman.

During the official press conference of January 13, 2017, Michel Seydoux declared that he was originally looking for a successor but finally found a friend in Gérard Lopez, who declared that his long-term goal is to give an international dimension to LOSC and reach the French top 3 and European competitions.

The Davis Polk corporate team includes partner Christophe Perchet and associate Stéphane Daniel. All members of the Davis Polk team are based in the Paris office.

Matter Type
M&A: Seller's Counsel
Industry
Other
News Category
M&A