The American owner of OL, John Textor. (Photo by JEFF PACHOUD / AFP)
The day after the announcement of the heavy sanctions imposed by the DNCG on Olympique Lyonnais, the owner and president of the club, John Textor, tried to reassure this Saturday, November 16.
During a long, highly anticipated press conference this Saturday, November 16, the president of OL spoke following the heavy sanctions inflicted on his club by the DNCG, the financial policeman of French Football. “I tell you again like a year ago, we are not going to be relegated”he said, as reported Progress.
Considering these decisions unfair, John Textor challenged the working methods of the DNCG. According to him, the National Directorate of Control and Management should have taken into account the “multi-club model” of Eagle Football Holdings Limited in its calculations and not focus solely on French activities.
In the eyes of the entrepreneur, this financial company which includes other football clubs around the world “makes it easier to have balance between different entities“. John Textor hopes to rely on cooperation between clubs to save money, in particular through the sharing of players.
Towards the departure of several players?
The president of OL also hopes to make money thanks to the IPO of his holding company on the stock market in New York, starting in 2025. He also does not rule out the resale of several players, due to the Too many people in the team. “We have 29 players, it’s too many”he declared. The name of Rayan Cherki was also mentioned since the departure of the striker could occur.
Finally, the last possible lifeline for John Textor: the club's shareholders. “If all else fails, we have shareholders with funds, no one will allow the club to be relegated”he insisted, reaffirming his “optimism”. The future of the season will tell us if the club can still escape its demotion to Ligue 2.
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