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The Pinault Family Strengthens Stade Rennais with €110 Million
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1 Articles
Stade Rennais' share capital increased from €77.5 million to €187.5 million during the season. As reported by Sportune, Stade Rennais undertook a significant financial transaction during the season. At an extraordinary general meeting, the sole shareholder of the Breton club, EPS (Européenne pour la Promotion du Sport), owned by François Pinault, converted a €110 million debt it held against the club into equity. This transaction more than doubl…
·France
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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