By the end of the year, Villerban is expected to change hands and be acquired by the Bass family.
The Lyon club started the summer with big dreams and a budget of 59 million , which, however, was reduced to 24 million euros following the withdrawal of an Asian investor who was not approved by French authorities.
Tony Parker, who has taken on the entire ASVEL project—and not just the role of head coach—was forced to watch as key players who had already agreed to join, such as Francisco, Brooks, and Thais.
The former French star point guard is seeking investors, and the Buss family—which sold its shares in the Lakers for $10 billion—is in advanced talks. However, finalizing the deal is expected to take some time and will be completed by the end of this year. The cost of the share transfer is expected to range between 60 and 80 million euros.
From a €59 million to a €24 million budget, new signings who have already left, a roster to fill, and a sale under negotiation: where does ASVEL really stand as of August 8? Tony Parker is on all fronts.
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From a €59 million to a €24 million budget, new signings who have already left, a roster to fill, and a sale under negotiation: where does ASVEL really stand as of August 8? Tony Parker is on all fronts.
