---
schema_version: "secwatch.filing_event.v1"
accession: "0001704720-22-000042"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2022-06-24T23:59:59+00:00"
generated_at: "2026-06-24T23:19:21.628127+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001704720-22-000042
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2022-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000170472022000042/0001704720-22-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000170472022000042/cnne-20220620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-22-000042
- JSON: https://secwatch.observer/filing/0001704720-22-000042.json
- Plain text: https://secwatch.observer/filing/0001704720-22-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.