(Reuters) - French Ligue 1 outfit OGC great have been taken over by using Ineos, the strength institution run by means of British billionaire Jim Ratcliffe said in a declaration.

Ineos, which has additionally owned Swiss 2nd department aspect Lausanne for the reason that Nov. 2017, stated quality might be a part of Ineos soccer led with the aid of CEO Bob Ratcliffe and was hoping the membership would “sustainably compete at a eu stage” inside the future.

The business enterprise bought out Britain’s hugely a hit group Sky and modified its name to team Ineos in may.

The BBC mentioned Ineos had made a a hundred million euros ($111.Forty four million) offer for pleasant in advance this 12 months. France’s opposition authority had cleared the takeover closing week.

first-rate, founded in 1904, are managed by world Cup winner Patrick Vieira. They have received their first two matches of the new season.