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LION
@2024 AP IMAGES/JEREMIAS GONZALEZ
Earthquake in French football as one of Ligue 1’s most storied sides, Lyon, is relegated at the end of the season due to debt. The decision is not final, but to avoid the blackest page in their 74 years of life, the Gons will have to show a rapid improvement in their finances.
The news of the preventive measure’s decision made a big splash relegation of Lyon to Ligue 2 at the end of the season due to debtsas reported by French media.
The only way to lift this decision is for the French to present improved financial data in the near future.
In particular, the Gons, who on September 26 defeated Olympiakos 2-0 for the Europa League, were given a relegation penalty, a wage control and a transfer ban due to the serious financial problems the club is facing.
We remind you that it was only in May 2023 that Lyon changed ownership, with the American businessman taking the reins from Jean-Michel Olas.
The decision of the preventive relegation of the French team was announced on Friday night (15/11) by the National Directorate of Control and Management, as the gon presented financial debt that reaches 505,000,000 euros.
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