Eagle Football secures €523 million 8% credit facility through Cannae

By Devika Patel

Knoxville, Tenn., June 24 – John Textor’s privately owned Eagle Football Holdings LLC signed a commitment letter for a €523 million credit facility with Cannae Holdings, Inc., according to a press release and an 8-K filed with the Securities and Exchange Commission.

Proceeds will be used for Textor’s contemplated acquisition of certain equity interests in Olympique Lyonnais Groupe SA.

Any debt borrowed under the credit facility will accrue interest at 8% per year, payable at maturity, and the facility will mature one year from the closing of the acquisition.

Eagle Football is a planned owner and operator of football (soccer) clubs around the world. Executive offices are in Las Vegas.

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