Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) has signed a non-binding letter of intent to invest in John Textor’s Eagle Football Holdings LLC (“Eagle Football” or “Eagle”). Cannae, its legendary investor William P. Foley, II (“Foley”) and other third-party investors intend to each make an investment in Eagle Football in a form to be negotiated by all parties and subject to final documentation. The investment will be used to acquire soccer clubs and to further establish Eagle as a leading multi-club owner and operator of global football clubs and is being announced in connection with Eagle Football’s contemplated acquisition of a majority of the equity of Olympique Lyonnais Groupe SA (“Olympique Lyonnais”).
William P. Foley, II, Cannae Holdings, Inc. and Other Third-Party Investors Intend to Invest in John Textor's Eagle Football
Jun 24, 2022
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