OL: John Textor fired, he believes in it very strongly

OL: John Textor fired, he believes in it very strongly
OL: John Textor fired, he believes in it very strongly

Olympique Lyonnais is doing very well on a sporting level, but on a financial level this is not the case. And John Textor could quickly have to explain this to his main creditor.

The owner of OL has a hard time understanding how the French DNCG works, with John Textor wanting to convince the body that it was necessary to look at his accounts at the level of the Eagle holding company and not just the Rhone club. The threat of a sanction is still there, while rumors have been announcing for weeks that the American businessman will sell his shares in Crystal Palace very dearly. Yes, but now, nothing is happening and it could well be that ARES Management, which largely helped John Textor to buy OL Groupe from Jean-Michel Aulas by lending him money, decides to raise its voice and take power. A disaster scenario envisaged by Alexandre Corboz who follows the news from Olympique Lyonnais very closely.

Textor must find money for OL, and quickly

Talking about the continuation of the Textor adventure at OL, our colleague admits that he does not have a good idea how it can end positively for him and that the next few months risk being complicated behind the scenes of the Rhone club. ” En 2025, it's a safe bet that John Textor – if he's still here in June and hasn't been chased away by Ares – will still be getting a good laugh. By the DNCG? Not necessarily if he expects the majority of his presented revenue targets. By UEFA and its financial fair play in the event of a second consecutive European qualification? Probably… Because, barring an improbable twist, OL will not end the 2024-25 season with a virtuous economy and 60 million euros in profits. Sanctions therefore await in all cases because of a disastrous 2022-23 financial year completed at -99ME », Warns the journalist from But, not really optimistic for Olympique Lyonnais and especially its current owner. For his part, Pierre Sage especially hopes that during the winter transfer window, John Textor will not dynamite his locker room to avoid financial disaster.

Sports

-

-

PREV “After Paris 2024, the feeling of emptiness was quite short”
NEXT Michael Spacek will no longer wear the GSHC jersey