ASSE AS Saint ETienne : A Russian billionaire negotiates to buy a blue devil ?

 AS Saint ETienne co-shareholders and sellers, Bernard Caïazzo and Roland Romeyer were present, this Sunday, in the snow at Geoffroy-Guichard, to witness ASSE's loss to PSG (1-3) and. ....Miguel Salgado, a former Spain international.,according to L'Equipe daily, is a sports consultant for Total Sports Investments LLP (TSI) company. Sports Investment Ventures has just begun negotiations on the acquisition of ASSE. Accordingly, TSI has expressed its willingness to inject 100 million euros into the ASSE club, including buying shares and injecting money into the team's current account. An amount much higher than that offered by two other investors, Markarian and Roussier, was recently rejected.

 London-based TSI will now be well positioned to take over Saint-Etienne. The proof is that KPMG, the Anglo-Dutch company responsible for overseeing the sale, has agreed to open negotiations, and in a move to demonstrate to the current leaders of Saint-Etienne In their determination, several TSI representatives were in Saint ETienne this Sunday afternoon, including Russian billionaire Sergei Lomakin, the company's president since 2010. Everything seems to be working out nice, as L'Equipe pointed out that all sides met after the loss to Psg, to visit the facilities of the Robert-Herbin sports center in Etrat. At this rate, the change of hands is likely to end before the end of the year, as originally wanted by Bernard Caïazzo and Roland Romeyer. Le Progrès newspaper reported that on Monday, the meeting between Sergei Lomakin and the chairman of the board of directors of AS Saint-Etienne was only the first step regarding Total Sport Investments (TSI)'s possible purchase of ASSE. "Lomakin's fortune will revive the Blue Devil, however his investments in difficult times will be viewed with caution",1 noting that TSI has invested in the past in Portsmouth and the case. This turned into a huge failure afterwards.