(Reuters) - The owner of relegated Ligue 1 club Toulouse is in talks with American investment firm RedBird Capital Partners to sell an 85% stake in the French side.
"I am convinced that RedBird Capital Partners has the skills and resources to help Toulouse Football Club return to the elite of French football," Toulouse president and owner Olivier Sadran, who would retain a 15% stake, said in a club statement.
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