Gervais Martel and Hafiz Mammadov agreed to acquire an unknown majority stake in Racing Club de Lens SASP from Crédit Agricole Nord de France (ENXTPA:CNF) on July 4, 2013. Crédit Agricole Nord de France owned more than 99% stake. The transaction is expected to close in few days.

Philippe Croppi of N+1 Easton acted as financial advisor to Crédit Agricole. Yves Wehrli, Marianne Pezant and Laurent Schoenstein of Clifford Chance acted as legal advisor to the buyers. Michel Laval of Michel Laval & Associés acted as legal advisor to Crédit Agricole Nord de France.