We try to be very competitive and try to get things that we have never had. This can involve new partners and strengthen the structures of the club. In a competitive environment, you have to be tough and invest.
These are the words of FC Lorient Loic Féry announced the change during his wishes to the club’s partners in the hall of honor of the Lorient town hall on Wednesday evening before the game (2-2) with Monaco. .
As revealed in our columns a few weeks ago, American businessman Bill Foley is indeed becoming a minority shareholder of FC Lorient. In December, an agreement was reached regarding the share of the capital of the “Lorient” club with the football player who just acquired the English “Bournemouth” club (Premier League). The news became official this Friday morning.
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FC Lorient today announces the signing of a partnership agreement with BKFE, a sports specialty company led by William P. Foley II. It is written on the official website of the Breton club. Through this agreement, BKFE and the listed company Cannae Holdings will become minority shareholders of the FC Lorient group in the coming weeks.
Well on track for several months, negotiations intensified in recent hours before an agreement was reached with Loïc Féry, president of FC Lorient, the Morbihan club’s sole shareholder since 2009.
Bill Foley also featured against Monaco (2-2) at Moustoir this Wednesday. This Texan businessman is a well-known entrepreneur in financial services and American sports (he owns the Las Vegas Golden Knights, the main ice hockey franchise in the United States).
This capital raising partnership will particularly strengthen the capital of the FCL group with the arrival of a strong shareholder known in the world of sports. He also ensures the continuity of the club with the continuity of management as he remains the main shareholder of Loïc Féry, the sole owner of FC Lorient since 2009 and holds the presidency of the club, which he has led for 14 seasons.still written in the press release.
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Bill Foley aspires to be a role model
“too many clubs”, a trend that has been observed in Europe for a decade now, a reflection of what Manchester City is doing, for example, owning several satellite clubs in Europe (including Troyes in France). Bill Foley is also looking to expand his galaxy in Belgium (once Charleroi will not be a target club for Bill Foley) and South America.
Some English media talk about a partial share before the full ownership of the Lorient club. But sources close to FCL say it won’t happen just yet. For the foreseeable future, Loïc Féry will remain the head of the Lorient organization and the day-to-day operations of the club will not be changed. The president of the Breton club has always mentioned that he will be at the head of the club on its 100th anniversary in 2026.