The postponement announced at the end of October did not bode well for Olympique Lyonnais other than a 2023-2024 season ultimately in deficit for the Rhone club. And this, while the product of its activities (turnover of the club excluding operations on the transfer market), is increasing by 33% over one year, to 264.1 million euros as of June 30, 2024.
Ultimately, OL suffered a net loss of 25.7 million euros over its 2023-2024 financial year, which can be positive due to the fact that it significantly decreased over the previous season (99 million euros net). This deficit can be explained firstly by the trading of players, with Olympique Lyonnais showing an imbalance of 88.1 million euros between player recruitments and their transfers.
OL remains in loss and the outlook is not reassuring
However, this does not cause a surge in the payroll which “only” increases by 3% over one year, to 161.9 million euros. It nevertheless accounts for almost half of the turnover (45%).
In conclusion and perspective of its report, OL confirms the information according to which it was going to seek support from its parent company Eagle Football Holding and is considering a social plan to reduce its workforce. The club also formulates several future hypotheses, in addition to the contribution of Eagle Football Holding (between the sale of Crystal Palace shares and the introduction of the title on the New York Stock Exchange), it notably anticipates a necessary sale on the winter market 2025. Finally, it underlines the risk of not carrying out all operations by pointing out that “any significant delay or any non-achievement of these cash flows could call into question the principle of continuity of the operation of the company and of its subsidiaries”. Nothing that is very reassuring…
