After Failed Power Bid at AGM, John Textor Ousted as Director of Eagle Football

Overview

• Eagle Football Holding Bidco removed John Textor as a director with immediate effect after a shareholders' meeting challenge.
• The board and Ares ruled invalid his move to oust independent directors Stephen Welsh and Hemen Tseayo and confirmed them in their roles.
• Textor sought a vote to retake operational control of Olympique Lyonnais by displacing Michele Kang and CEO Michael Gerlinger.
• Operational control had already shifted to Kang in June 2025 after Ares, which financed Textor’s 2022 OL purchase with a reported €425 million loan, stepped in to stabilize governance.
• Textor remains a shareholder through Eagle as supporters’ group Bad Gones denounced his return and his wider troubles include a FIFA recruiting ban for Botafogo and a reported €25 million claim.