Foot – Mercato – ASSE
Long considered one of the hottest avenues for the takeover of ASSE, the Cambodian Prince’s project is gaining ground. Beyond the questions raised by the source of its funds, Norodom Ravichak still would not have had access to the data room.
The sale ofAS Saint-Etienne seems to have entered a new phase. Indeed, The team revealed Thursday that two projects were favored by the audit firm KPMG, mandated for the occasion. Thus the projects ofOlivier Markarian, local entrepreneur, and the Cambodian Prince Norodom Ravichak appear to be considered solid. And for good reason, access to the data room would have been granted to them. A very important step since it is the fourth of the seven necessary to complete the sales process. The two investors could therefore have access to the accounts of theASSE, crucial information before submitting a final offer. However, the Prince of Cambodia raises some doubts internally since The team recalled that KPMG would display concerns about the decision-making power of the Cambodian Prince over the family fund, based in Switzerland and estimated at € 250 million. The provenance of its funds would also not be as clear as that ofOlivier Markarian.
Norodom Ravichak intrigues
But it is above all the communication of Norodom Ravichak that worries. Indeed, the Prince of Cambodia formalized its candidacy for the acquisition ofASSE assuring RFI that he was ” correct that I officially applied to take over AS Saint-Etienne. “A surprising behavior for this kind of operation in which discretion is essential. This is the reason why Bernard Caiazzo and Roland romeyer have decided to break the silence by means of a press release explaining in particular that ” the confidentiality agreement signed by all candidates should protect the club against the spread of rumors that often pollute this type of very strategic file. But some obviously find in these situations an opportunity to do some good publicity at a good price.. »Difficult not to see an answer to Norodom Ravichak, very present on the media scene. On the other hand, the information of the Progress, published this Friday, gives even more depth to this hypothesis since the regional media affirms that the project of the Prince of Cambodia would be far from being as advanced as revealed The team. And for good reason, he would in reality not yet have access to the data room for the simple reason that he has not yet provided the entrance ticket to 100M € while the sports daily said Thursday that Norodom Ravichak was ready to redeem theASSE for € 55M and inject € 45M directly into the club’s finances. What still sow doubt on this project. And that shouldn’t be reassuring Gaël Perdriau, mayor of Saint-Etienne, who was very cautious about the Cambodian Prince at the microphone of Radio Scoop. ” I do not know this person. I’ll wait until the end of the film to tell you what I think about it. The presidents have promised to keep me informed of the situation when the going gets tough. So far, they haven’t contacted me to tell me about it. He said to himself that this is one proposal among others. Since the decision rests with the presidents, and with them alone, I will wait and see what decision they bring. With the City and the Metropolis of Saint-Étienne, our destinies are somewhere crossed and interdependent in terms of images and values », He assured. Therefore, the sale ofASSE still seems far from complete, which should annoy Roland romeyer who hope to be able to sell the Forez club before the end of the year.