Olympique Lyon shares rise after Mendy sold to Real Madrid

Olympique Lyon shares rise after Mendy sold to Real Madrid
By Reuters

13/06/2019 at 09:30Updated 13/06/2019 at 09:37

PARIS, June 13 (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)

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