Canadian buys Marseille

2 March 2007 | 13:09 - Reuters

Jack Kachkar has reached a deal to buy former European champions Olympique Marseille, a spokesman for the Canadian businessman said.

 

Kachkar had offered 115 million euros (AUS$193.07million) to take over the Ligue 1 club and delivered financial guarantees to main shareholder Robert Louis-Dreyfus.