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French football: olympique lyonnais demoted:
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Olympique Lyonnais demoted in Ligue 2 – French football: olympique lyonnais demoted
The DNCG confirmed the administrative demotion of Lyon for financial reasons. However, A shock for this historic club which thought it had gathered the guarantees necessary to maintain its maintenance.
The club septuple champion of France is found in turmoil after its setbacks with the DNCG. Therefore, the financial gendarme of French football.
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- Olympique Lyonnais was demoted in Ligue 2 by the DNCG.
- The Rhone club disputes the decision by evoking a significant improvement in its cash.
- John Textor, the president of OL, nevertheless sold his Crystal Palace shares for 222 million euros.
- OL has already reduced its expenses with voluntary departures and major transfers.
It is an earthquake for the club septuple champion of France: Olympique Lyonnais (OL) was downgraded to Ligue 2 By the financial gendarme of French football. Similarly, despite the financial arguments presented Tuesday by its president, the American John Textor.
The Rhone club said in the evening it was doing “Immediately” call french football: olympique lyonnais demoted for this “incomprehensible” decision. In addition, The National Directorate of Management Control (DNCG) had confirmed a few hours earlier the demotion of the club which she had decided last November as a precaution. Nevertheless, then accompanied by a ban on recruiting and a supervision of the wage bill.
OL intends to demonstrate before the DNCG appeal commission its “ability to provide the necessary resources in terms of cash to guarantee maintenance” in Ligue 1. Consequently, the club said in a press release.
“We have worked in close collaboration with the DNCG. Nevertheless, satisfying all its requests with higher fund investments in the requested amounts,” defends OL. Similarly, “Thanks to the equity contributions of our shareholders. the sale [des parts du club anglais] de Crystal Palaceour cash has improved considerably and we have more than sufficient resources french football: olympique lyonnais demoted for the 2025-2026 season, ”argues the club.
“We do not sincerely understand how an administrative decision was able to relegate such a major French club. ” it added, when the sanction was announced in the evening by the professional football league via a Laconic press release: “Olympique Lyonnais: demotion in the league championship 2.”
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For his part. Jean-Michel Classroomsthe predecessor of John Textor, spoke of “a terrible blow for all those who love deeply” OL.
Whoever took over the club in L2 in 1987. chaired him french football: olympique lyonnais demoted for thirty-six years, leading him to the successes of the 2000s, adds however that he wants “everything [son] Heart that the call, and the guarantees that OL can bring – and especially those of John Textor and its associates within Eagle Football Holding – will allow us to return to this unprecedented situation ”.
French football: olympique lyonnais demoted
John Textor optimism
At the end of his hearing during the day in front of the DNCG. John Textor had however made optimistic remarks. “We are very satisfied with the procedures implemented by the DNCG this year,” he said.
“You can see this thanks to the contributions of our shareholders. we have invested new capital, not only for the DNCG, but also for the granting of UEFA licenses,” said the manager.
His optimism has long ago. And this is not the first time that his remarks have come up against the reality of decisions.
Since November. and especially in recent weeks, the signals have seemed rather positive, and if supervisory measures were still envisaged, the option of a demotion in Ligue 2 no longer seemed really topical in Lyon.
Especially after the announcement on Monday that John Textor had obtained an agreement for the sale of his Crystal Palace shares to the American businessman Robert Wood Johnson. owner of the American football team from New York Jets, a transaction estimated at 222 million euros by the BBC.
Eagle Football Holding had previously launched, on June 13, its introduction to the New York Stock Exchange.
But the french football: olympique lyonnais demoted fruit of this operation. which depends on the market conditions, is not yet determined, any more than what the OL could affect from the product of the shares of Crystal Palace.
Reinforced liquidity to avoid demotion
On the other hand. Eagle and its shareholders were able to take into account in the file presented Tuesday at the DNCG the measures implemented to support the finances of the Lyon club: they brought 83 million euros in cash and an agreement was concluded at the end of January with the lenders of Eagle allowing a postponement of claims.
In parallel. to reduce expenses, a hundred employees of administrative and commercial services have left within the framework of a voluntary departure plan.
On the sporting level. the ends of contracts ofAlexandre Lacazette, Nicolás Tagliafico et Anthony Lopes and transfers of Maxence Caqueret this winter and Rayan Cherkisold for 42.5 million euros to Manchester City, two weeks ago, have lightened the payroll.
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It is necessary to add 19.5 million for the compulsory purchase options for Said Benrahama (12 million euros in Neom. promoted in 1re Saudi division), Amin Sarr (5 million euros in Verona) and Johann Lepenant (2.5 million euros in Nantes).
And the club can still record money back during the summer transfer window: the market value of its young french football: olympique lyonnais demoted Belgian international Malick Fofana is estimated at at least 30 million euros by the TransferMarkt site. which refers.
Olympique Lyonnais must resume training on July 7. and uncertainty about its future will have repercussions on its workforce and its sports project.
AFP
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