big danger for the Gones on a financial level?

big danger for the Gones on a financial level?
big danger for the Gones on a financial level?

On the eve of the Europa League match between Hoffenheim and Olympique Lyonnais (9 p.m.), Pierre Sage's men are preparing their trip to Germany with one goal: three points. In the event of a victory, Les Gones would approach the derby against Saint-Etienne on Sunday evening with renewed confidence. But behind the scenes, the owners of OL are active in another area. At the beginning of the week, the information of the possible sale of Crystal Palace shares by John Textor did not arrive without reason. A key figure to understand the situation: the financial debt burden increased in one year from 458.4 to 505.1 million euros. OL is therefore looking for new funding.

OL's finances in the red

To resolve the equation, several solutions are available to the group: a social plan with 90 departures, the sale of players belonging to the group's clubs or even the contribution of an amount of 100 million euros. But an expert on these financial reports takes a worrying look at the situation. “The debt burden is disproportionate. An influx of cash would need to reduce debt and financial costs to provide respite. But even with this reduction, the club remains in loss. » With very short deadlines, listing on the New York Stock Exchange will be crucial for the future of Olympique Lyonnais.

Also read:

OL: John Textor’s lunar show in Brazil

OL: the plan from John Textor for Lucas Paqueta

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To summarize

In a press release sent yesterday evening, the owners of OL, Eagle Group, revealed the financial situation of the club. They are sounding the alarm because the financial debt burden has increased in one year from €458.4 million to €505.1 million.



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