US Investors Circle OGC Nice as INEOS Looks to Sell Ligue 1 Club

Table of contents

Ligue 1

Key Takeaways

  • INEOS wants to sell OGC Nice after buying a stake in Manchester United
  • A group from the United States has visited the club’s training centre
  • The club must avoid relegation from Ligue 1 before any sale can happen
  • Nice are only three points above the relegation play-off spot
  • They face AJ Auxerre in a crucial clash next weekend

French football club OGC Nice has been available to buy for several months. The owners, INEOS, have confirmed this many times. However, they have not shared many details about the sale process. Lazard, an investment bank, is managing the deal.

Local newspaper Nice-Matin reports that two groups want to buy the club. One group is from the United States. The other is from Europe. The American investors have already visited the training ground. Jean-Claude Blanc, a club official, showed them around.

INEOS bought Nice for €100 million in 2019. Now they want €200 million for the club. This price seems too high. However, the final price depends on which league the club plays in next season.

Nice must stay in Ligue 1 to attract buyers. Currently, they are three points above the relegation play-off place. AJ Auxerre occupy that dangerous position. The two teams will clash next weekend in a very important match. This game could decide if Nice stays in the top division.

Since INEOS bought a minority share in Manchester United, they have spent less money on Nice. They now want to focus on the English club instead.

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