Overview

• On June 24 the DNCG upheld its November verdict and relegated Lyon to Ligue 2 for breaching financial thresholds in the face of a roughly €550 million debt load.
• The club filed its administrative appeal on June 27 under the July 1 deadline to challenge the Ligue 2 demotion.
• Lyon completed UEFA’s financial sustainability procedure and struck an agreement with the Club Financial Control Body to secure conditional participation in the Europa League.
• UEFA’s accord stipulates that Lyon’s European place will be confirmed only if the appeal overturns the relegation and restores the team to Ligue 1.
• Despite measures including a €42.5 million sale of Rayan Cherki, Lyon’s explanations were deemed insufficient by DNCG and UEFA authorities.