Gerard Lopez Completes Lille Takeover

January 27, 2017

Gerard Lopez, co-founder of private equity firm Genii Capital, has sealed a takeover approach for French Ligue 1 outfit LOSC Lille.

Lille have confirmed that Lopez’s L Holding entity has acquired a 95% share in the club. Lopez, who is notable in the sporting world for his significant Formula One connections, will succeed former Lille President Michel Seydoux.

Lopez, who had previously been credited with an interest in investing in Lille’s Ligue 1 rivals Olympique de Marseille, first entered discussions with Lille in October.

The 45-year-old served as President of the Lotus Formula One team from 2009 until 2015.

Lille have won Ligue 1 on three occasions, and the Coupe de Ligue six times. They won both competitions in the 2010-11 season.