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French newspaper L'Equipe reported that Aulas
was due to remain president for three more years but the new
American ownership is looking to make substantial changes to the
club's structure.
Aulas will remain honorary president, the club said, adding that
Textor will be interim CEO until they find someone new. The
decision was taken during a meeting held on Friday.
"OL Groupe sincerely thanks Mr. Jean-Michel Aulas for his
commitment and unreserved dedication to Olympique Lyonnais over
more than three decades, during which time more than 50 titles
have been won for both the men's and women's teams," the club
said.
"The priority of the new Chairman and CEO and the Board of
Directors will be to strengthen Olympique Lyonnais' position on
the world football stage, in line with the highest ambitions of
its illustrious history."
Lyon are seventh in Ligue 1 with four games remaining.
(Reporting by Manasi Pathak in Bengaluru, editing by Pritha
Sarkar)
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