Overview

• The DNCG confirmed on June 24 that Lyon’s financial proposals failed to meet regulatory standards, converting a provisional demotion from November into a confirmed relegation.
• Olympique Lyonnais carries an estimated £422 million debt despite raising over €40 million from player sales such as Rayan Cherki’s move to Manchester City.
• Club owner John Textor’s recent sale of his 43% stake in Crystal Palace improved liquidity but did not convince the watchdog to lift sanctions.
• Lyon has formally lodged an immediate appeal against the decision, arguing it now possesses sufficient resources to compete in Ligue 1.
• Should the appeal fail, Stade de Reims—recent relegation playoff losers—will replace Lyon in the top flight for the 2025-26 season.