at $408 million (€275.6M), excluding debt. In February 2009, Lyon were rated in the 12th spot in the Deloitte Football Money League, reportedly bringing in an annual revenue of €155.7 million for the 2007–08 season, which ranks among the world's best football clubs in terms of revenue. In 2016, a Chinese private equity fund acquired 20% stake in Olympique Lyonnais Group for €100 million. The fund was managed by IDG Capital Partners. In December 2022, American businessman John Textor completed the purchase of the club, owning 77.49% of the club's shares and thus becomes the new owner of the club. Under this arrangement, Aulus continues to serve as president for at least three more seasons. As of 24 February 2023. Stadium Olympique Lyonnais used to play at the Stade de Gerland since 1950, the year of the club's foundation. In 1910, the mayor of Lyon, Édouard Herriot, came up with the idea to develop and build a sports stadia with an athletics track and a velodrome in the city. In 1912, the stadium was officially mandated and local architect Tony Garnier was given the reins to designing and constructing it. Construction began in 1914 with hopes that the stadia would be completed before the International Exhibition of 1914. Due to World War I, however, construction was temporarily halted, but resumed following its conclusion in 1919. By 1920, the stadium was completely functional. In 1926, the Stade de Gerland was inaugurated by Herriot. Olympique Lyonnais began playing at the Gerland in 1950 and remained at the stadium until 2016. The stadia originally had a cycling track, but was removed to increase the seating capacity to 50,000. In 1984, minor renovations were made to the stadium by architect Rene Gagis. This included construction of the Jean Bouin and Jean Jaurès stands. Further renovations were needed to prepare the stadium for the 1998 FIFA World Cup, as by that time FIFA had mandated that all stadiums used for international matches, including the World Cup, had to be all-seated. The north and south stands, known as the Jean Jaurès and Jean Bouin stand, respectively, were completely knocked down and rebuilt, and the athletics track that had remained, even after the cycling track had been removed, was taken out. The renovations were done by architect Albert Constantin. The new incarnation of Gerland had a maximum capacity of 40,500. On 1 September 2008, Olympique Lyonnais president