After winning the first round of the derby at Groupama Stadium, with the smallest of scores (1-0), Olympique Lyonnais will have to play another match that will determine its future.
Last week, Eagle Group (formerly OL Groupe) published its financial results which are not good, to say the least. The group recorded a net loss of 25.7 million euros for the financial year ending June 30, 2024, compared to 99 million a year earlier. The group's net cash debt now stands at €463.8 million compared to €404.3 million as of June 30, 2023. The auditors considered that they did not have sufficient information to judge the reasonableness of the revenue forecasts. money and could therefore not certify the accounts.
To ensure its financial sustainability, Eagle Group announced “contributions of €75 million by the end of December 2024 in the form of equity and/or proceeds from the sale of players held by clubs in the Eagle Football Holdings group” (the sale of shares in Crystal Palace could there contribute half), but also “the contribution of a maximum amount of €100 million at the start of 2025 from Eagle Football Holdings” and the “completion of transfers of players during the January 2025 transfer window.”
The Team announces that OL and its shareholder John Textor meet at the DNCG this Friday. A meeting which promises to be complicated and where the American businessman will have to be convincing and reassuring to avoid sanctions, as was the case last winter. Sanctions which can range from recruitment supervision and payroll to relegation as a precautionary measure.
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