Wednesday, March 24, 2010

Ownership and finances

Olympique Lyonnais is owned by Rhône businessman Jean-Michel Aulas, who acquired the club on 15 June 1987. He serves as the founder and chief operating officer of CEGID (Compagnie Européenne de Gestion par l'Informatique Décentralisée). After riddling the club of its debt, Aulas restructured the club's management and reorganized the finances and, in a span of two decades, transformed the club from a second division team into one of the richest football clubs in the world. However, Aulas has been lambasted for, according to critics, running the club as if it were a business. The club currently operates on the European Stock Exchange under the name OL Groupe, initialed OLG.

In April 2008, business magazine Forbes ranked Lyon as the thirteenth most valuable football team in the world. The magazine valued the club at $408 million (€275.6m), excluding debt. On 12 February 2009, accountants Deloitte released their annual Deloitte Football Money League. In the report, Lyon were rated in the twelfth spot, reportedly bringing in an annual revenue of €155.7 million for the 2007–08 season, which ranks among the world's best football clubs in terms of revenue.

Aulas currently serves on the board for the European Club Association, a sports organization representing football clubs in Europe. He was also the last president of the now-defunct G-14 organization.

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