Cannae commits up to €523M credit facility to fund John Textor's acquisition of Olympique Lyonnais

Cannae Holdings, Inc.

Cannae provided a €523M credit facility commitment to John Textor for his acquisition of Olympique Lyonnais equity through Eagle Football.
Cannae and William Foley intend to invest in Eagle Football, a planned multi-club soccer operator, under a non-binding letter of intent.
Eagle Football plans to acquire a majority equity interest in Olympique Lyonnais and holds stakes in Crystal Palace, Botafogo, and RWD Molenbeek.
Credit facility carries 8% annual interest, matures one year from closing; Cannae expects to syndicate a substantial portion to third parties.
Transactions are non-binding, subject to definitive documentation, and no guarantee of consummation or funding.

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