Lyon is under financial scrutiny as the club reports debts nearing €500 million. The French football financial watchdog, the Direction Nationale du Contrôle de Gestion (DNCG), has imposed strict measures against Textor’s team. According to reports, the committee has provisionally relegated Lyon from Ligue 1, imposed a transfer ban, and enforced salary monitoring. Earlier this Friday, American billionaire Textor expressed confidence in the club’s financial figures, seemingly targeting other Ligue 1 teams, including Paris Saint-Germain (PSG).

Lyon’s financial predicament intensifies

During a press conference, Textor stated, “I trust our numbers. I can never fully trust how a regulatory body views these matters. I believe the DNCG is independent from some of the pressures you see. But we have many enemies, you know, on the board, in the league, a big club from Qatar.”

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Potential survival strategies for Lyon

Speculation suggests that Lyon could avoid relegation to Ligue 2 by offloading players and if Textor, whose Eagle Football Group owns 87.7% of the French team, sells his 45% stake in Crystal Palace. Reports indicate that Lyon’s management will need to generate between €91 million and €100 million in revenue to avert these penalties. Currently fifth in Ligue 1, Lyon must act swiftly to raise funds.

The club is expected to sell certain players during the January transfer window. Rumors indicate that valuable assets such as Rayan Cherki and Malick Fofana might be allowed to leave to gather essential funds.

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