Former L.A. Dodgers owner McCourt to buy Olympique de Marseille

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By John Irish PARIS (Reuters) - Frank McCourt, the former owner of U.S. baseball team the L.A. Dodgers, said on Monday he had entered exclusive negotiations to buy French Ligue 1 soccer club Olympique de Marseille (OM), vowing to restore the team to its former glory. Billionaire businesswoman Margarita Louis-Dreyfus, the Russian-born chairwoman of Louis Dreyfus Commodities trading house, said in April that she was looking for a buyer for Marseille. "Margarita and I just executed a contract for us to buy l'OM, the greatest football cub in the French league and one of the best in the world," McCourt told a news conference alongside Louis-Dreyfus and Marseille mayor Jean-Claude Gaudin.

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