BREAKING: Lyon have been handed a provisional relegation to Ligue 2, as well as a transfer ban due to their financial situation

Lyon have been handed a severe sanction by the DNCG – Direction Nationale du Contrôle de Gestion. The French football financial watchdog has decided to hit the John Textor-owned Ligue 1 club with a provisional Ligue 2 relegation as well as a transfer ban and the supervision of their wages. Such an outcome was expected considering that the Ligue 1 club’s debt reportedly rose from €458 million to €508 million.

The severity of these sanctions highlights the increasing pressure on clubs to maintain financial stability, particularly in light of the challenges faced during the recent economic climate. Textor reportedly said to the DNCG today that Lyon would be able to sell players – or Botafogo players, with the Brazilian outfit also part of the Eagle Football Group portfolio – as well as a 45% share in Premier League side Crystal Palace to balance the books. This strategic approach may be essential for helping the club navigate through its financial difficulties and avoid further sanctions.

Despite the American businessman’s confidence that the meeting with the DNCG went well, the financial watchdog evidently did not agree. The DNCG’s decision underscores the seriousness of Lyon’s financial predicament and the need for immediate corrective actions. As it stands, Lyon will be relegated to Ligue 2 if their financial situation does not improve dramatically. The club’s management now faces an urgent task in reassessing their financial strategies and player roster.

Les Gones might be forced to sell their prized assets, including France U21 international attacking midfielder Rayan Cherki (21) or Belgian international winger Malick Fofana (19) on a cheap this winter transfer window. Selling these young talents at reduced prices would not only impact the squad’s performance but also the club’s long-term aspirations. The potential loss of these key players would be a significant blow to Lyon’s ambitions in both domestic and international competitions. Thus, the coming months will be crucial for Lyon as they seek to regain financial stability while also maintaining their competitive edge in French football.