This is stated in the official statement published on its website. Cannes reported that the club had become the property of the Friedkin Group. Ryan Friedkin will become president of the French club. This is the official statement: “The Cannes Club announces the arrival of the Friedkin Group as the majority investor in SAS Cannes Football Pro. David Lisnard, Mayor of Cannes, announces that AS Cannes Football will now be part of the Friedkin group. With the entry of its first men’s and women’s teams into the 2nd and 3rd national divisions, AS Cannes is opening a new page in its history with the Friedkin family. The Friedkin group thus becomes the majority investor in SAS Cannes Football Pro, with Ryan Friedkin as president. The sports association, in particular responsible for the women’s and amateur sections, will own 2% of the capital and will continue to be led by Annie Courtad.”
Source: Tutto Mercato Web
I am Ben Stock and I work in Athletistic as an author. My specialty is covering football news and other related topics. I have been writing for this website since the past 2 years, crafting compelling stories with the latest updates in the sports world. My articles have gained widespread appreciation amongst readers due to their accuracy and depth of research.
