Friday, November 25, 2022
HomeSportHas American businessman David Blitzer given up on buying the Saint-Etienne club?

Has American businessman David Blitzer given up on buying the Saint-Etienne club?

The statement released by the presidential duo Roland Romeyer-Bernard Caïazzo, just after the formalization of the relegation to Ligue 2 of AS Saint-Etienne, on May 29, was it only a firewall aimed at calming the supporters? “We will announce important news concerning the future of the club and ours”, then indicated the two leaders from Saint-Etienne, formalizing in a half-word a sale of the club expected for already four years and the failure of exclusive negotiations with the American investor. Peak6. Except that the risk of rebelote is there in 2022, only a month after the sending of this press release wanting to be confident of a (finally) positive outcome.

The negotiation initiated between the shareholders of ASSE and the American businessman David Blitzer for the takeover of the club would thus have failed, we learned this Friday in the entourage of the shareholders. “The exclusive negotiation period, which began 45 days ago, ended at midnight on the night of Thursday to Friday without reaching an agreement, and it was not extended,” said a close friend of Bernard Caïazzo and Roland Romeyer, who have owned the Saint-Etienne club for more than fifteen years.

Olivier Markarian is no longer a candidate for a takeover of the club either

“The sale process is continuing and the club will communicate on this subject on Monday”, specifies the same source, about the operation carried out for more than a year with the assistance of the audit firm KPMG, responsible for selecting the candidates. . David Blitzer, who holds stakes in several European football clubs, such as Crystal Palace (England), FC Augsburg (Germany), ADO Den Haag (Netherlands) and Waasland-Beveren (Belgium), while being co-owner of the Philadelphia Sixers in the NBA, has he therefore given up buying ASSE, after having sought to revise the price of his purchase downwards, as mentioned The Team Wednesday ? On his side, Progress announced this Friday evening a “status quo”, David Blitzer still awaiting a response from the Romeyer-Caïazzo duo.

A time candidate for the club having resumed training this week before his Ligue 2 season, Drôme entrepreneur Olivier Markarian, member of the supervisory board of AS Saint-Etienne, who met on Thursday , has meanwhile recently announced to abandon the project. “I am absolutely not in the situation to make a new file for the takeover of the club. My offer was refused in November 2021 and I turned the page on this project, ”he wrote on his Twitter account. The next few months promise to be still difficult for supporters of the Greens.



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