Sports
Football Club Lyon Sued for $63 Million Over Igor Jesus Funding
Igor Jesus
Photographer: Burak Basturk/AFP/Getty Images
French top-tier football club Olympique Lyonnais is facing a $63 million legal claim to pay back debt linked to the transfer of Brazilian star Igor Jesus, putting yet more scrutiny on the team’s finances and ownership structure.
A subsidiary of private credit lender MC Credit Partners LP filed a lawsuit in London in February, covering principal debt of $43.1 million, as well as $6.5 million default fees and an unpaid interest bill running at 10% a month, according to a court document seen by Bloomberg.