The DNCG threatens to impose administrative relegation against OL at the end of the season. John Textor assures that the worst will not happen.
The ax fell on Friday, causing an unexpected shock wave within the capital of Gaul. In view of the balance sheet of the holding company in charge of OL, the National Directorate of Management Control (DNCG) took action after hearing the Rhone leaders on Friday. Verdict: ban on recruitment during the next winter transfer window and control of the payroll. But also and above all administrative demotion pronounced as a precautionary measure.
In other words, if Lyon's finances remain bloodless at the close of the current accounting year next June, if John Textor's group has not been able to provide the necessary guarantees to meet its debt, then the Gones will be sent in Ligue 2; regardless of their final sporting ranking at the end of the 2024-2025 season.
On the scale of OL, it is 100 to 200 million euros that the American businessman will have to find over the next six months. The main avenues are the renegotiation of current loans, new capitalization with the entry of Eagle Group on the New York Stock Exchange and, of course, the sale of assets, therefore of players sufficiently “bankable” to replenish the coffers. .
“No chance of being relegated!” »
« We won't get relegated, there's no chanceinsists John Textor at a press conference. I know there are skeptics about our situation. I prefer the Premier League system which punishes clubs otherwise. We have resources that go well beyond the club. Even if we fail on all our global initiatives, worth €700 million, our owners will not let the group go under. There is no chance of being relegated! »
And the person concerned adds bluntly: “ At the DNCG, there are intelligent people but they work in a system and do not want to look at what we are doing on a global scale. The DNCG must digest a lot of figures in a very short time. We are a large organization, and it is important to realize that all of our clubs contribute. Our services collaborate, our financial services collaborate. » John Textor plans to sell his shares in the London club Crystal Palace to prioritize the two projects that are most important to him: OL and Botafogo.
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