OGC Nice President Jean Pierre Rivère has revealed in an interview with Nice Matin that the unnamed Saudi prince and Edward Blackmore have pulled out of their proposed investment into the club.
Rivère had the following to say:
“On 29 January 2016, the first step was realized. The new investors were to confirm no later than February 12 the final amount of their investment. To date, those have not been confirmed by new investors. As a result, the parties decided to terminate their agreement.”