Lyon relegated: French club demoted to Ligue 2 over finances

Lyon relegated: French club demoted to Ligue 2 over finances

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The French club Lyon was reduced to Ligue 2 due to their bad money.

Its rank was temporarily reduced by DNGC, the body that supervises the accounts of French French football clubs, in November.

Lyon officials, including owner John Tintoor, met with DNGC on Tuesday, but they failed to persuade the authority that the club had improved its financial position sufficiently to lift the punishment.

Last October, his football group, Which has a 77 % stake in LyonDion announced 422 million pounds.

The French champion, seven times, collected about 45 million pounds with Maxance CaQUEET sales to COMO in January and Ryan Cherke to Manchester City in June in an attempt to improve their financial resources.

Observer owners such as Alexander Lacazette and Anthony Lopez were also released.

Lyon has the right to appeal against the decision. If it is standing, Leon will be replaced on the first trip by Rims, who was beaten in the relegation match by Metz.

Only five teams raised French titles more than seven Leon, which he won in successive seasons between 2002 and 2008.

The club reached the semi -finals of the Champions League recently in 2020 and has not played in the second layer since 1989.

When the temporary penalty was presented in November, Textor said that “there is no chance” that the club will eager and repeat its confidence before the meeting on Tuesday.

“We have made a variety of investments in recent weeks,” he said. “Everything is good financially.”

Textor is also the largest contributor to Brazilian Botafogo and the co -owner of the Crystal Palace in the Premier League, although he agreed to a deal to sell his 46 % stake in the eagles on Monday.

Palace qualified for the European League by winning the FA Cup, but their place is in doubt because Lyon is also qualified by finishing sixth place in the first division.

Textor sharing can be visible with both clubs in UEFA breach rules, which prevents many teams under a multi -degree royal structure competing in the same European competition.

Al Nisour hopes Textor's decision to sell his share to the owner of Woody Johnson, the owner of Woody Johnson in New York, to avoid this scenario.

Last year, the league champions Bordeaux had six times to surrender his professional status after he fell from the league 2 to the fourth French class due to bankruptcy.



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