OL banned from recruiting and threatened with demotion to Ligue 2

OL banned from recruiting and threatened with demotion to Ligue 2
OL banned from recruiting and threatened with demotion to Ligue 2

Olympique Lyonnais (OL) is going through a particularly difficult period financially and is facing heavy sanctions imposed by the National Management Control Department (DNCG). Due to its critical economic situation, the club is prohibited from recruiting during the winter transfer window and sees its payroll strictly regulated.

The sanctions could take an even more serious turn, with the threat of demotion to Ligue 2 if the club’s finances do not improve significantly by the end of the season.

→ ALSO READ: Leagues 1 and 2: the fifth day postponed to November 23 and 24

Despite an optimistic speech from John Textor, the owner of OL, the explanations provided were not enough to allay concerns. The club, which has a colossal debt of 505.1 million euros, is struggling to convince the financial authorities. In addition, doubts persist about the certification of its accounts, which further complicates the situation.

In this context, the future of Olympique Lyonnais in Ligue 1 remains uncertain, and pressure is mounting on managers to find solutions quickly in order to avoid a sporting and financial catastrophe.

→ ALSO READ: Ligue 2: Cheikh Tidiane Sabaly wins the UNFP Player of the Month Trophy for September

→ ALSO READ: Transfer: Famara Diedhiou officially returns to Ligue 2

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