Football Club de Marseille invites you to follow the news of OM's competitors (PSG, Monaco, Lyon, Nice, LOSC, Rennes, etc.). The financial situation of Olympique Lyonnais (OL) was recently revealed by the owners of Eagle Football Group, after a board meeting held on Wednesday evening. Although net losses as of June 30, 2024 were reduced to €25.7 million from €99 million the previous year, this improvement was mainly a result of the sale of assets. Despite this reduction, the management of Eagle Football Group has clarified that urgent financial measures are necessary to ensure the viability of the club.
In a report published after the board meeting, Eagle Football Group detailed its financial restructuring plan. As reported by L'Equipe, the group plans to mobilize 75 million euros by the end of 2024, mainly through the sale of players and assets from the group's clubs. Part of this sum could come from the sale of the group's shares in Crystal Palace. In parallel, an additional contribution of 100 million euros is expected at the start of 2025, reinforced by transfers of players in the January 2025 transfer window.
The IPO in New York: a crucial issue for the future of OL
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Another key aspect of the financial situation of the group which owns OL lies in the group's IPO in New York, planned for the coming months. This operation is considered crucial for the financing of the club, as any delay or failure in its implementation could compromise the continued operation of the club. In addition, the auditors expressed serious reservations regarding this “going concern” ofEagle Football Groupstressing that the debt, which increased from 458.4 million to 505.1 million euros in one year, weighs heavily on its finances. Which players will be released this winter?
