PARIS (Reuters) - Olympique Lyonnais’ shares rose on Thursday after the French soccer club sold left-back Ferland Mendy to Real Madrid for some 48 million euros ($54.2 million).
Olympique Lyon shares were up by around 1% in early session trading.
Real Madrid will pay an initial 48 million euros for Mendy with a possible further 5 million euros in incentive payments.
($1 = 0.8850 euros)
Reporting by Sudip Kar-Gupta; Editing by Keith Weir