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Toulouse officially goes under the American flag! Indeed, the TFC and Olivier Sadran, the president, have just concluded a definitive agreement with RedBird Caiptal Partners for the sale of a majority share of the capital of the club. Sadran will still remain on the Pitchouns’ board of directors, with 15% of the shares.
“The Toulouse Football Club and its owner Olivier Sadran have signed a final agreement with RedBird Capital Partners for the sale of a majority share in the capital of the Club, up to 85%. Mr. Sadran will no longer be a majority shareholder and has stepped down as chairman today, but
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