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Pending result ol call following:
Few of Lyon supporters have to have found a sleep. Similarly, on the night of Tuesday to Wednesday, and those who succeeded woke up with a terrible skull illness: no, it was not a nightmare, their OL has been officially in Ligue 2 since the DNCG pronounced its short and terrible sentence, Tuesday evening, a few hours after having auditioned the club leaders at the LFP in Paris.
John Textor should not have sleeps on his two ears either. Furthermore, because they keep whistling and because he is caught in the heart of a media and financial storm that could prevail, in the short or medium term. Furthermore, The president of Eagle Football seems to be cornered. Similarly, must face, beyond a popular pressure now uninhibited and general, with the more intimate but just as strong pressure pending result ol call following of his coactionalists and his lenders.
The American watched over the early morning by spending phone calls. For example, ensuring everyone’s support, starting with those who are closest, his friends the billionaires Michele Kang and Jean-Pierre Conte. Meanwhile, For the moment. In addition, the latter are body; It remains to be seen until when, as it seems unimaginable for them, as for others, to lose most of their investments if the descent of OL was confirmed on appeal.
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Crystal Palace sales products will go to Ares
Aware that his voice is no pending result ol call following longer audible in France. Consequently, in front of the instances, Textor would have already initiated a few steps of perspective, looking around him a figure other than his to push forward in the next stages of appeal, in order to appease the exchanges and to succeed in the rescue of the club. Furthermore, Kang could be this person but. Consequently, contacted, the owner of Ol Lyonnes did not wish to speak, arguing that Textor remained the official voice of Eagle. Conte did not respond to our requests either. Michael Gerlinger. current director of football for the multi-club organization, could also have the profile of a future managing director in Lyon. He did not express himself more by leaving the funeral of Bernard Lacombe.
At this point. you have to look at what seems to have been the node of the problem, late Tuesday afternoon, during the audience at the DNCG. Beyond pending result ol call following around 70 M € injected by an American pension fund in exchange for a percentage on revenue on future sales of players. in which the control body would not have completely trusted, OL spoke of the contribution of 40 M € coming from the sale of the shares held by Textor in Crystal Palace (43 %). This transaction, officially signed since Sunday, will bring back nearly € 210 million to the American. But he will not be able to enjoy it because. according to our information, these assets within the English club were entirely pledged with the lender Ares, from whom Textor borrowed some € 425 to to buy OL. The rates vary between 11 and 16 % for this credit, which will have to be reimbursed in December 2028 by the Floridian.
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In view of the very fragile economic context for several seasons. the administrators had a disagreement with Textor, who wanted to buy the entire Crystal Palace, while they favored a sale of his shares in order to reimburse part of the loan granted. Ares won this showdown, by offering a buyer who suited him (Woody Johnson) at a price that also suited him. The revenues of this sale. available at the end of September, after the validation process of the Premier League, will therefore go into the funds of the American Fund … apart from € 40 million intended for the short -term operation of OL.
The DNCG requested proof of this commitment. Ares provided it a few hours after the meeting, via a letter confirming its financial support to the Lyon club. But obviously too late for this to pending result ol call following be taken into account by the body. Which found that the club’s forecast budget for the 2025-2026 season was based on significant sales (a hundred million euros in all). in addition to the 42.5 million obtained for the transfer of Rayan Cherki to Manchester City!
Pending result ol call following
OL still awaits the motivations of the DNCG
Pending the DNCG motivations concerning the sanction for demotion. which OL has still not received this Wednesday evening despite an urgent request and several reminders, it would seem that the club should prepare to prove an additional cash contribution of € 70 million, at least, by passing before the appeal commission. If this contribution comes from Ares. the fund could gain a capital pending result ol call following influence likely to rule out Textor from the decision sphere, but the situation is not yet there.
In this case. a return from Laurent Prud’homme to a position of responsibility is not to be excluded: the former CEO of the club has maintained the link with Ares since he was dismissed from his functions, a few weeks ago. In the meantime, the Tour de Table is preparing to meet the expectations of the financial gendarme
whose Tuesday’s blow of the mass stroke knocked out a club which was the muzzle: paradoxically. the daily pressure of suppliers and other creditors had been considerably reduced, for months, under the effect of the regular contributions of cash allowing to gradually update invoices. But the fight is obviously not over, and it will pending result ol call following be much higher.
Further reading: The United States discusses with Iran about a peace agreement, according to Witkoff – Ringo Starr treats Roger Daltrey from “little man” after his son was sent back from the group The Who – The United States has struck Fordo and two other Iranian nuclear sites, announces Donald Trump – “I’m still on a cloud”, Brad Pitt has piloted a real formula 1 in Austin thanks to McLaren – “The Buccaneers”, “A Life’s Worth”, “Aspergirl”… What are the series of the week?.
