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As Saint-Etienne (ASSE)- A secret named..... Is China behind the €100 million offer?
While AS Saint-Etienne is in a sportingly endangered position (in the relegation group in Ligue 1), the soap opera about the sale of the Greens (the blue devil, saint-Etienne's nickname) is starting to become a myth.
.. Behind the offer of a Cambodian prince, could there be something else lurking...?
Over a period of more than a week, the record of being able to take over as Saint-Etienne by Norodom Ravichak, the wealthy Cambodian prince, began to sour.
Kpmg, the firm chosen by Roland Romeyer and Bernard Caïazzo to study candidates for the Greens takeover, did not allow Norodom Ravichak access to confidential information in the sales filings because they believed his project was not clear enough, according to French media reports. clear. And yesterday, France's Specialized Trading Alert page sheds light on another thing about the takeover offer from Cambodia. Philipe Miller, a journalist for this specialized media, revealed details of the letter written by Norodom Amarithivong, Norodom Ravichak's brother. The latter adds a bit more about how the €100 million funding is mentioned for the acquisition and launch of the ASSE project.
As for the "trading alert" page, behind the Cambodian prince, the reality is hiding investors... China, who don't want to appear completely publicly. ?
"According to a source familiar with the matter, Norodom Ravichak can only be a minority financial partner, or even an extremely minority, in this takeover project, which essentially involves allowing Chinese interests to get its hands on a French club. this is not a unique and original project, Norodom Ravichak's offer should be interpreted as an attempt by China to expand the list of strategic commodity acquisitions in France and in Europe."
The journalist explained, and completely dismissed cambodia's recent remarks on RFI.:
"I grew up excited about the French championship and, of course, the French team. That's why I've always had a special affection for ASSE, which occupies a special place among the very big clubs in France."
Norodom Ravichak said.
What is certain is that at the moment, the account access to AS Saint-Etienne's internal records for the prince from southeast Asia has not yet been opened due to the caution from the KPMG auditing unit ,largely due to their findings that there is an element of... Is the Prince the Prince a formal representative? Be careful with people... Take a look at the lessons from Milan, Ac and Inter Milan, with the bosses from the mainland who have been doing with their teams. The Chinese are simply looking for short-term benefits in football, but have no hope of a sustainable, long-term strategy. The opportunity for another Southeast Asian after the Thai (owning Leicester city, England) to own a club in Europe seems to be increasingly distant.
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