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Olympique Lyon shares boosted by sale of Lacazette to Arsenal

Shares in Olympique Lyonnais rose on Thursday after the French football club announced the sale of striker Alexandre Lacazette to Arsenal for a fee of up to 60 million euros ($68 million).
Alexandre Lacazette/ Reuters,
By Reuters

Shares in Olympique Lyonnais rose on Thursday after the French football club announced the sale of striker Alexandre Lacazette to Arsenal for a fee of up to 60 million euros ($68 million).


Lyon said the fee for Lacazette, who recently broke into the French national team, was the highest ever achieved by the club in a transfer.


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Magnificent Lacazette free kick sends Arsenal into semis


Olympique Lyon shares were up 1.3 percent in early trading.


The French football club, which won the last of its seventh Ligue 1 championship titles in 2008, first listed on the Paris stock market in 2007.

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