The Phnom Penh Post

US tycoon a step nearer Marseille takeover

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A MER IC A N tycoon Frank McCourt held “constructi­ve” informal talks with the French league’s financial watchdog (DNCG) on Monday in the latest step towards completing his purchase of Marseille.

The former owner of the Los Angeles Dodgers – his time there was deeply controvers­ial – was upbeat after the meeting in Paris, which came less than 24 hours after he watched his future employees eke out a drab 0-0 draw with Lyon at the Stade Velodrome.

“The meeting is confidenti­al of course but I can say it was very constructi­ve,” the 63-yearold Boston-born McCourt said afterwards.

“The DNCG asked many good questions, we answered them thoroughly and correctly and now we look forward to the next step.”

McCourt entered into exclusive discussion­s to buy Marseille from owner Margarita Louis-Dreyfus on August 29.

Sources close to Louis-Dreyfus said then that the deal would be concluded within one to three months.

McCourt said it had been important for him to meet the DNCG in person.

“I wanted to answer questions directly and introduce myself,” he explained.

“It’s a logical step [towards becoming Marseille’s new owner] and a very important step, so we look forward to the next step.”

McCourt refused to be drawn on his thoughts of Marseille’s uninspirin­g stalemate on Sunday night when they failed to muster a single shot on target.

“Well . . . the effort is there for sure, I’m not commenting on the team for the moment until I own the team.”

If the Marseille deal goes through – which now seems likely – McCourt will become the latest American tycoon to take control of a European football club after Manchester United, Arsenal, Liverpool and Roma all have US owners.

McCourt’s turbulent eightyear Dodgers’ reign was marked by friction with Major League Baseball, who eventually seized control with commission­er Bud Selig citing “deep concerns regarding the finances and operations” of the team.

With McCourt struggling to meet the Dodgers’ payroll demands, the team filed for bankruptcy protection. The beginning of the end came in Nov e mb e r 2 0 1 1 , w h e n McCourt agreed to sell the Dodgers in a process supervised by a federal bankruptcy court judge.

On t h e p i t c h d u r i n g McCourt’s 2004-2011 tenure the Dodgers reached the playoffs four times but never progre s s ed past t he second round.

He remains the owner of the successful Los Angeles Marathon and in 2014 took a 50 percent stake in the Global Champions Tour show jumping series.

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