Olympique Lyonnais, one of the most important and successful clubs in France with seven league wins, runs the risk of being relegated to Ligue 2 next season if it cannot solve its financial problems. The entity accumulates a debt of 505 million euros.
This was announced by the National Directorate of Control and Management (DNCG), the financial gendarme of the French Football League, which has also announced that Lyon will not be able to sign during this next winter market window. In the document in which it explains the announced decisions, the DNCG stated that the French club has been “precautionarily relegated to the end of the current course.”
The statement came after the meeting that this body held on Friday morning with the owner of Lyon, John Textor. The American investor also has shares in Crystal Palace and Brazilian club Botafogo. At the end of the meeting, Textor defended that the meeting had gone “well” and maintained that “there is no problem with the continuity of the model and with the financial viability” of the entity.
The risk of relegation to Ligue 2 may force Lyon to sell its best players in the winter market
With this measure, the French club could be forced to get rid of some of its main stars this winter market, such as Rayan Cherki or Alexandre Lacazette.
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