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Earthquake in French football: the club of two red devils administratively relegated to the second division

Meanwhile,

Earthquake french football: club two:

Earthquake at OL: The DNCG confirms the relegation in Ligue 2 for financial reasons. However, Despite the promises of John Textor, the Lyon club sinks into the crisis. &#13. Similarly,

Olympique Lyonnais was relegated to Ligue 2 by the National Control and Management Directorate (DNCG), the Professional Football League (LFP) announced on Tuesday evening. Furthermore,

During its hearing Tuesday afternoon. Therefore, the club did not convince the financial gendarme of French football to remove the binding measures which it had imposed on it in November, including an administrative demotion in Ligue 2 as a conservatory. Meanwhile,

&#13.

OL owner, the American John Textor, was however confident before appearing before the DNCG, after seven months of effort to rebalance the accounts of his club.

“We have made various investments in recent weeks. Everything is financially good, ”said the manager recently, president of the Eagle Football Holding structure (EFH).

And on Monday. barely a few hours before his hearing, he had obtained an agreement for the sale of his shares in the English Crystal Palace club to the American businessman Robert Wood Johnson, owner of the American football team from New York Jets, a transaction estimated at 190 million pounds (222 million euros) by the BBC. EFH had previously launched its introduction to the New York Stock Exchange on June 13. its shareholders also brought 83 million euros in cash and concluded an agreement at the end of January with creditors.

&#13.

In addition to a voluntary starting plan of a hundred employees, the club has parallel reduced its payroll with the end of very expensive contracts such as those of Alexandre Lacazette and Anthony Lopes, and operated the transfers of Maxence Caqueret and Rayan Cherki.

OL can appeal but if its demotion is confirmed. its place in Ligue 1 will be reserved for Reims, defeated in the L1/L2 dams by Metz. The Red Devils Orel Mangala and Malick Fofana play in John Textor’s club. OL ended the season in the season in 6th place, qualifying for the Europa League.

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Earthquake french football: club two

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abigail.wright
abigail.wright
Abigail covers health and lifestyle topics, emphasizing the importance of fitness, nutrition, and mental well-being for a holistic approach to life.
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