Lyon set for stock-market flotation

By PA Sport  January 26, 2007
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Lyon on Friday became the first French club to list themselves on the stock market.Les Gones, who have won the Ligue 1 title for five years running, made the move in an attempt to become more competitive financially in Europe.The club aims to sell 3.7 million new shares at between 21 and 24.4euros (£13.80-16) and hopes to raise around 91 million euros (£60million). The shares are scheduled to start trading on February 9.

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