Last night, Romain Molina was the guest of the Talk on the Girondins website. He obviously addressed the news of the FCGB but, at the turn of the shareholding problems with King Street, he released several information. In particular that Frank McCourt now wanted to sell OM or that ASSE was looking for a new investor. So far, nothing new, Bernard Caiazzo and Roland Romeyer looking for a minority shareholder for several years. But Molina provided a clarification this evening …
“The asking prices are now lower”
“Saint-Etienne executives are still actively looking for a new investor, but asking prices are now lower than the delusional demands of recent years,” he wrote on Twitter. “Not the only owners in France looking for money. fresh money… “
In view of the catastrophic sports results in L1 since the summer of 2019, the financial problems linked to the investments of the Gasset years as well as the consequences of the Covid-19 crisis, TV rights which no longer fall, indeed, the AS Saint -Etienne needs new money. It remains to be seen whether the lower requirements of the two owners will be enough to attract a new investor …
Saint-Etienne executives are still actively looking for a new investor, but asking prices are now lower than the delusional demands of recent years.
Not the only owners in France looking for new money …
– Romain Molina (@Romain_Molina) November 17, 2020