Football chaos in Ligue 1: a historic French club will lose the category if it does not pay its debts

Olympique Lyonnais is temporarily relegated to Ligue 2. If you do not catch up on your payments by May, the sanction will be effective. The club owner tries to act cool in the face of the situation.

French football is entering a complex period. This Friday it was reported that Olympique Lyon is temporarily losing its category due to its debts. The National Directorate of Control and Management (DNCG) prohibited him from signing on the next market and announces as a precautionary measure its fall to Ligue 2 if it manages to resolve its financial disaster by May. In a statement, the club announced that it had pending payments amounting to 505.1 million euros. A few days ago, Eagle Football Group, the company that owns the institution, announced the injection of 75 million euros.

This Friday, Lyon representatives met members of the DNGC. There, John Textor, owner of the club, gave his explanations and incidentally, he launched against PSG. “I have confidence in our numbers. I can never be sure how a regulator views these things. I think the management is independent of some of the pressures seen, but we have many enemies, you know, in the board of directors of the league, a big club in Qatar. he said.

Olympique Lyonnais
Olympique Lyon is one of the most traditional clubs in France.

“Local auditors only looked at the French football club and did not take into account the hundreds of millions of dollars that come from various parts of our organization. “We are not at all worried about our sustainability,” he added.

With this in mind, the businessman excludes outings and continues to set the same sporting goals. “The aim is to classify Champions League This year. We generate around 90 million euros per year from player sales. “It will continue, but don’t worry, he won’t be the favorite player, the best player, if we don’t have someone to replace him and play even better,” he said.

The situation hits Lyon supporters. This is one of the biggest castings in France. In their history, they have won Ligue 1 seven times, they also have five Cups, eight Super Cups and one League Cup. At international level, they have a UEFA Intertoto Cup. Furthermore, Gallic legends like Karim Benzema, Hugo Lloris and Jean Tigana have passed through its ranks.

Source: Latercera

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