Another one of the old great French clubs in trouble
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. 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.
Despite the American businessman’s confidence that the meeting with the DNCG went well, the financial watchdog evidently did not agree. As it stands, Lyon will be relegated to Ligue 2 if their financial situation does not improve dramatically. 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.
Discuss Olympique Lyon in the World Football area at TalkCeltic.net.
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Get In for someif their players now lolll
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Have ‘The Rangers’ shamelessly asked for their Europa League points back yet?
neilly1987 likes this. -
Lyonniste Olimpico Liyonês
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Crazy. How can clubs like Lyon and Bordeaux be run so bad??
neilly1987 likes this. -
See if we can get nuamah or mikautadze
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The DNCG has decided to relegate OL to Ligue2 as a precautionary measure at the end of the current season. Additionally, the club will face restrictions on salary management and a ban on recruitment.
Textor who has a 45% stake in Crystal Palace and other clubs including Botafogo seemed to believe the DNCG would go light (relegation threat at end of season) in order to cover around 100M in debts they have accumulated (OL has 2nd highest wage bill in Ligue 1, behind the Qatari club he blames for the severe ruling)
Despite warnings from DNCG on debts since last season and chronic debts starting in 2020, Textor still has to balance the books after increase to 145M in recruitment debts, with only 40M in sales (Basis for firing SD, Friio). Debts grew despite their revenues increasing year to year
His EAGLE holdings must find 130M to avoid relegation via:
1) 100M transfers of players across all clubs held by EAGLE
2) 100M via New York Stock Exchange to inject cash to absorb portion of debt (already noted in their 23’-24’ financial report)
3) 75M equity injection
4) Crystal Palace sale: 200M - seemingly improbable for a minority stake
5) Champions League qualification: 20M - less likely with financial & recruitment restrictions
I see relegation as inevitable along with a fire sale for players like Cherki or Almada who has yet to appear in shirt -
scotsbhoy1
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Tessman and tagliafico we should definitely be going for
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Wee Baldy
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How's their LB ?
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The Lyon
Skickat från min SM-F926B via Tapatalk -
Lyonniste Olimpico Liyonês
The situations between the two clubs are not at all the same. Lyon will not be relegated. Lyon are lucky enough to be part of a bigger group (Eagle) which has several clubs, including Botafogo, who Lyon helped, and who should now help us in turn.
If Lyon find it difficult to replace an attacking player who leaves during the next winter mercato, we could go out on loan to Thiago Almada (who Marseille came close to recruiting in the past).
We should also add that there are certain pressures from personalities linked to other clubs, such as the Qatari from P$G or Labrune, the former Marseille president who hates OL and is now president of the French Football League. A little rat who is the gravedigger of the French championship: by expecting mountains of money from the broadcasters, we end up with very little, which puts many clubs in serious difficulty, and not just OL.seamus1967 and The_Bhoy like this. -
A team as huge historically as Lyon shouldn’t even be part of a group! The heart of the club dies when that happens! Unfortunately if it’s as bad as it seems I can see a relegation happening. That debt can’t be recovered without a full sale of the squad and then who plays for you then?
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Liam Scales
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Weird thing is, are the rules for FFP that leniant for European competitions they were fine to get the licence to play but over the limit in a league that has PSG to the extent they get punted down a division
Any time a team gets a proper punishment with financial *, its never the ones you would point to for financial fuckery and a very random amount of harshness. I’ll be * if I can make sense of it all -
Wonder if we will go back in for Diawara ?, was reported we tried him on loan last window with an obligation to buy next summer for around £7m
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Offer them £500k take it or leave it.
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Fiscal mismanagement, same happened under Bartomeu at Barca
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tuna_matata
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FATLAZYBHOY Born in the steamie Gold Member
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UEFA must look and think, all these cheating clubs
How did we miss them ??????
Aye, right,,,,,,
Corrupt to the core. The lot of themWee Baldy likes this. -
Lyonniste Olimpico Liyonês
Botafogo, owned by Eagle (who also own Lyon), won the Copa Libertadores. Between the winnings and those from qualifying for the Club World Cup, that comes to €72m for Eagle, which makes things a lot easier for Lyon. No major players are expected to leave Lyon during the winter transfer window.
https://www.sofoot.com/articles/copa-libertadores-john-textor-botafogo-pour-la-gloire-de-lol -
Leaking messages is definitely in fashion at Olympique Lyonnais. Remember the few tasty exchanges between John Textor and Nasser Al-Khelaïfi that appeared in the press a few hours before the match between PSG and OL in Ligue 1. They had highlighted the tensions between the two presidents, mainly on the strategy to be implemented regarding TV rights. Since then, the two men have avoided each other, and it is not the interview granted by John Textor to RMC that will improve things.
Cherki has wanted to leave for two or three years, he sent me a message to tell me that he really wanted to go to PSG (last season). I like Rayan, I told him that he couldn't train with us if he didn't have another contract. He came back and I told him 'look how you play with us when you have a contract' but no one pushed him out with the DNCG. In the end, he stayed ," he confided, this Monday evening, on RMC Sport about the Rayan Cherki case
But John Textor's official speech clashes with his own writings. Indeed, as we have seen, some particularly radical exchanges took place concerning Rayan Cherki last summer. Let us recall that the player trained in Lyon was close to a transfer to PSG, before favoring Borussia Dortmund, which ultimately never took action. And John Textor clearly sought to revive interested European clubs in terms that were not very kind to his own player.
"It's July 4th, and I'm still listening to that little * you want to sign. Are you still interested? Dortmund spoke to us for the first time, and I'd be happy to go tell them to go * themselves. I just need to know if you still want the player ," we can read in a WhatsApp message. The answer will please John Textor, who will reply: "I think he's a good kid. But his entourage is made up of *. I'll send him a message to say Dortmund can go * themselves, thanks!" . You know the rest of the saga. Rayan Cherki will stay at Olympique Lyonnais and after a lean period, will once again establish himself in the eleven lined up by Pierre Sage. However, it's not certain that reading the comments made by the club's owner will delight him, especially since a certain Thiago Almada playing in the same position has just arrived at the club.
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