It’s not a joke. THE’Olympique Lyon he was relegated as a precaution at the end of the season by the DNCG. The decision taken by the National Control and Management Directorate – responsible for auditing the accounts of professional football clubs in France – was communicated a few minutes ago by the same control body, in stark contrast to the optimism displayed by John Textor at the end of his meeting with the LFP (Ligue de Football Professionnel), which took place earlier in the day.
“The meeting went well,” he said owner of Lyon. However, his explanations failed to fully convince the DNCG, who issued their decision to relegate the club to Ligue 2 as a precaution at the end of the season – according to information reported by The Team and confirmed by Le Figaro-. This means – we read – that the French club will fall to the lower category of the French top division if the financial situation is not improved.
In a recent statement, the OL had announced a financial debt of 505.1 million euros and had reported the doubts of its auditors, who were considering “issuing an impossibility to certify the social and consolidated accounts of the Eagle group Football”. OL’s signing campaign had already been limited in the summer of 2023, before these measures were abandoned last winter and the club passed the summer audition at the end of last season without any problems.