Monday, August 29, 2016

Former L.A. Dodgers owner McCourt to buy Olympique de Marseille (Reuters)

Former Los Angeles Dodgers owner Frank McCourt is seen in Los Angeles, California, U.S. June 13, 2014. REUTERS/David McNew/File Photo

By John Irish PARIS (Reuters) - Frank McCourt, the former owner of U.S. baseball team the L.A. Dodgers, said on Monday he had entered exclusive negotiations to buy French Ligue 1 soccer club Olympique de Marseille (OM), vowing to restore the team to its former glory. Billionaire businesswoman Margarita Louis-Dreyfus, the Russian-born chairwoman of Louis Dreyfus Commodities trading house, said in April that she was looking for a buyer for Marseille. "Margarita and I just executed a contract for us to buy l'OM, the greatest football cub in the French league and one of the best in the world," McCourt told a news conference alongside Louis-Dreyfus and Marseille mayor Jean-Claude Gaudin.


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