Beautiful speaker?
In a long press release balanced on his personal website, John Textor, president of Olympique Lyonnais, wanted to address his supporters concerning the club’s financial situation and the disinformation he would be the victim. Thus, the American wanted to bounce back on the articles evoking the potential sanctions to come for OL, both at the DNCG and UEFA. « The thesis of these articles is always the same: if OL continues to lose money, or if Eagle shareholders choose not to invest more, then OL will be expelled from the championship, or UEFAavance Textor. Details can change, and hypothetical scenarios will multiply and become more alarming, at each press article that has remained unanswered – and we simply choose not to respond to most of these articles. »»
“These articles are based on half-truths”
To reassure the supporters, John Textor thus evokes articles based only on “Half-truths that are not yet true and could never occur ». Regarding the financial agreement proposed by UEFA in Lyon, so as not to exclude the club from its European Cups, the leader evokes “A classic process that allows clubs to go from their pre-UEFA operational standards to a minimum durability standard”. Finally, without going into detail, the interested party wanted to draw up an abstract assessment of these investments: « Since December 2022, in addition to the cost of our OL acquisition, we have invested more than 293 million euros directly in your club. Of course, our investment financed the heavy losses of operating which we have inherited, but we have also invested massively in our team to contribute to increasingly prestigious European titles. »» All this by ensuring that « By June 30, 2025, our football activities, abroad as in France, will be well positioned to be profitable ». The start of a battle against the press.
Wait and see.
UEFA offers a financial agreement at OL so as not to exclude it from European cuts
