The news is not good regarding the sale of Saint-Étienne. According to the latest news, another candidate for the takeover of ASSE may withdraw.
Sale of Saint-Étienne, another suitor in withdrawal?
Already in the hard on the sports field, AS Saint-Étienne is also having difficulty finding a taker. Since ASSE went on sale in April, no investor seems able to take over the Greens. A few days ago, In green and against all indicated that Terrapin Partners could withdraw from the sale of Saint-Étienne. The pro-Stéphanois media indicated that the management feared that the American project would collapse, as was the case with King Street among the Girondins de Bordeaux. This time it’s The team has just cast a chill in this hot issue on the Forez side. The sports daily understands that a candidate for the takeover of the Greens could give up.
A new lead for the takeover of ASSE?
The national newspaper confirms that the project carried by Norodom Ravichak is not unanimousAS Saint-Etienne. The ASSE staff are said to be skeptical about the origin of the Prince of Cambodia’s funds. Which would then only have had partial access to the data room containing all the accounting data of the Greens. This lack of confidence could lead the Cambodian prince to withdraw from the plan to buy back the Greens. An eventuality which the current bosses of Sainté would be preparing for. Bernard Caiazzo and Roland romeyer would again look to the United States to take over from ASSE. A new interest of Peak6 Investments LP is mentioned. The American fund had already entered into exclusive negotiations with the leaders of Saint-Etienne for the acquisition of the club in 2018 before retracting.