ASSE, good news for the sale!

03/12/2021 09h00 | UPDATED ON 12/03/2021 AT 9:20 a.m.
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AS Saint-Etienne
Finally a new owner for the Saint-Etienne club?
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Roland romeyer
Saint-Etienne could receive around 8 million euros in the coming months
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Roland romeyer
In the event of Wesley Fofana’s arrival at Newcastle, Leicester City will transfer 20% of the capital gain on resale to the Forez club
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Bernard Caiazzo
In great difficulty in sporting terms, the Greens want to recruit a minimum in January. This unexpected check could finance the next expenses
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Saint-Etienne fans
Saint-Étienne supporters expressed their anger
As the sale of AS Saint-Etienne headed towards a dead end, just a few weeks ago, things could finally pick up speed.
They are now four foreign contenders to get active behind the scenes to buy the Forez club according to daily information the team. Russian investors from Total Sports Investments LLP (TSI), the American investment fund Terrapin Partners as well as the American investment company 777 Partners are said to be preparing an offensive in this case. KPMG, the audit and management firm responsible for carrying out the first stage of the sale, will have to go through several offers during the coming weeks.
In addition to projects from abroad, the current owners of Saint-Etienne; Roland Romeyer and Bernard Caiazzo, could also opt for a local track. Also according to the sports media, Smart Good Things, a company specializing in ecological and solidarity consumption could soon make an offer. Serge Bueno, the founder of SGT, refuses to see the Saint-Etienne training run by a foreign fund. A rapprochement with Olivier Markarian, the other bearer of a local project, would not be excluded.