March 27, 2026

​

​

Eagle Football Holdings objects to the Appointment of Administrator for its UK Subsidiary Eagle Football Holdings Bidco

 

Company vows to work constructively with Administrator and hold Ares accountable

for its Predatory Actions and Violations of Law

​

​

Palm Beach Gardens, Florida, USA:  Eagle Football Holdings, today issued the following statement, in response to the unilateral decision by Ares Capital Corporation to appoint an administrator, in charge of the affairs of Eagle Football Holdings Bidco Limited (“Eagle Bidco”).

 

“We, at Eagle Football, are gravely offended by the unilateral and predatory decision of Ares Capital Corporation, to break-apart a financially viable multi-club business which has successfully turned-around insolvent clubs into sporting success stories which, when operated collaboratively, are cashflow positive in 2026 and beyond.”

 

“Today Ares has argued that various technical events of default, which they directly caused, led to their decision to take control when, in truth, they secretly took control of our French club, Olympique Lyonnais, in June 2025, through the creation of a shadow board, which violated both French and UK law.  Not only was this an unauthorized change-of-control of publicly listed company, but it was hidden from both Eagle Football and public shareholders alike.  Ares is clearly not triggering administration with clean hands.”

 

“In spite of our objections, Eagle Football does look forward to working with the administrator to hold Ares accountable for its actions, and clear violations of law, as we surely expect to regain control of our business.”

​​

​

​