At the end of his meeting with the National Directorate of Management Control (DNCG), the American John Textor assures us “to be confident”. While the company that oversees Olympique Lyonnais has a high level of debt, would the owner of the club be a fan of the coué method?
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Fifth in the Ligue 1 standings, Olympique Lyonnais is seeing rather red in its accounts. The American John Textor, however, assures that he is not “at all worried about sustainability” of the company that oversees Olympique Lyonnais, after the grand oral presentation in front of the financial policeman.
The French branch of parent company Eagle Football Holdings (which also owns the Botofogo clubs in Brazil and Molenbeek in Belgium) published income statements last week which worried supporters. The parent company's net debt is 463.8 million euros.
“I am confident in our numbersassured the businessman who bought the club in 2023 from Jean-Michel Aulas. We are going to bring in several hundred million in cash in the coming months.” The club met this Friday, November 15 in front of the National Management Control Department (DNCG) for its mid-season interview.
“The local commissioners only looked at the French football club and did not consider the hundreds of millions of dollars that will come from different parts of our organizationlamented John Textor. We are not at all worried about our sustainability.”.
To reassure Lyon supporters, the American also assured that the club would not cede its best elements because its “The goal is to be selected for the Champions League this year”.
“We earn around 90 million euros per year from the sale of players, he announced. It will continue, but don't worry, he won't be your favorite player, the best player, if we don't have someone to replace him and play even better.”
It remains to be seen whether he will have convinced the financial policeman.
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