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Stéphane Richard Named OM President, Takes Office July 2

His brief centers on financial repair, governance discipline, summer rebuild.

Stéphane Richard, ancien PDG d’Orange, devient vendredi 10 avril 2026 le nouveau président de l’Olympique de Marseille.
[JOEL SAGET / AFP]
Le propriétaire de l'OM Frank McCourt (D) et le nouveau président du club Stéphane Richard (G), avant une conférence de presse au stade Vélodrome, le 10 avril 2026
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Overview

  • Frank McCourt presented the 64-year-old on Friday at the Vélodrome, with the role taking effect July 2 after a transition run by a new liaison committee.
  • Richard said his top goals are stability and a medium- to long-term plan that gets Marseille back to the Champions League on a yearly basis.
  • McCourt confirmed a summer overhaul of the sporting setup, with sporting director Medhi Benatia leaving after the season and a new leadership group to follow.
  • Official LFP/DNCG filings showed about €105 million in losses for 2024–25, and McCourt signaled openness to a strategic partner to reinforce the club’s finances.
  • A former Orange CEO with strong local ties who helped bring the Orange Vélodrome naming deal, Richard marks a shift to a business-first profile as OM, now fourth in Ligue 1, fights for a Champions League spot.