June 23 (Reuters) - Sports ⁠businesswoman Michele Kang, who has been ⁠the chair and CEO of Eagle ‌Football Group, has offered to pay $30 million for an 88% stake in a deal which also includes €71 million ($81 ​million) in financing aimed ⁠at restructuring the debt ⁠of the owner of French soccer club Olympique ⁠Lyonnais.

• ‌Kang offered to buy the stake in EFG for a fraction ⁠of its market value as the ​group struggles ‌with servicing of debts, which stood at €616.3 ⁠million ​as of December 31.

• Olympique Lyonnais was sanctioned with relegation to Ligue 2 in June ⁠2025 over its financial problems, ​but this was overturned by the appeals committee of French soccer's financial watchdog

• EFG's board ⁠of directors said it will express its reasoned opinion on the proposed tender offer in due course

• The company would be ​renamed "Olympique Lyonnais Groupe S.A." at ⁠the next shareholders meeting, EFG added.

• Kang ​already owns women's team ‌OL Lyonnes

($1 = 0.8789 euros)

(Reporting by ​Tristan Veyet and Mateusz Rabiega; Editing by Aidan Lewis and Alexnder Smith)