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Cambodian prince offers €100m to buy Saint-Étienne

Le Parisien report this evening that a €100m offer has come in from Cambodian prince Norodom Ravichok to take over Ligue 1 side Saint-Étienne.

Les Verts’ board has yet to respond to the offer, which was put forward to KPMG  – the firm in charge of finding a new investor, according to France Bleu – on Friday. Discussions could be set to kick off in the coming days, with the offer coming as a surprise given the current financial situation.

Norodom is said to be a avowed Francophile, with his grandfather having been a personal friend of Charles de Gaulle. The prince is a fan of football, and is reportedly looking to carry forward the long-held ties between France and Cambodia by taking over one of French football’s historic clubs.

 

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