According to local media reports, Ligue 1 club AS Nancy Lorraine has been sold to a London firm that has been specifically setup to buy the club, that contains within it a series of Canadian, Chinese and English investors.
There is even a deadline set for the 15th November when the money must have been transferred via bank Barclays to the now former owners of AS Nancy Lorraine.
A representative for this new London firm attended AS Nancy’s cup match in midweek last week.
AS Nancy Lorraine President Jacques Rousselot has signed all the relevant paperwork, all that is missing is the transfer of funds.
AS Nancy Lorraine join OGC Nice, Lyon and Marseille to have recently taken on new and exciting foreign investment, as another sign that Ligue 1 continues to progress in its bid to become one of Europe’s most competitive leagues.