Overview

• Olympique Lyonnais has formally appealed the DNCG’s decision to relegate the club to Ligue 2 over a €175 million debt shortfall
• About 2,000 fans from ultras groups including Kop Virage Nord and Lyon 1950 gathered peacefully at Groupama Stadium to call for John Textor’s resignation
• John Textor conceded he was “not good at politics in France” and vowed a substantial capital injection to address the club’s financial problems
• Club insiders say talks are underway on a potential governance reshuffle with Michele Kang or Michael Gerlinger tipped as possible successors
• Despite stronger liquidity from recent asset sales and a UEFA agreement, Lyon faces Ligue 2 participation if its appeal is rejected by the DNCG appeals commission