While OL is fighting against the sanctions of the DNCG, which notably pronounced its demotion as a precautionary measure at the end of the season, John Textor, owner of the club, could have found a weighty argument. As explained by l'Equipe, the American businessman is on the verge of selling 45% of his shares in Crystal Palace to a group of Saudi investors. An operation valued at nearly 180 million euros, according to The Athletic, which could strengthen OL's position before the Federation appeals committee scheduled for four days.
Is the DNCG reassured by recent efforts?
This deal, which must still be approved by the Premier League, will not have immediate effects on Lyon's finances. However, it demonstrates Textor's efforts to meet the financial requirements of the DNCG. To date, the sales of players like Jeffinho and Gift Orban, as well as the departure of Anthony Lopes, have already injected liquidity and reduced the wage bill. For the moment, the DNCG is maintaining severe sanctions: spending controls and a ban on recruitment, with a threat of demotion to Ligue 2. But this current sale could alleviate constraints in the short term, by offering tangible financial guarantees. This potential agreement is also part of a broader strategy, including the IPO of the Eagle holding company. If these initiatives are successful, they could give OL room to maneuver to regain its sporting and financial ambitions.
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To summarize
After the terrible DNCG sanctions against OL a few weeks ago, a big deal concluded by John Textor could change everything. The sale of its shares on the Crystal Palace side is progressing and this inevitably changes the situation.
