Overview

• Michele Kang succeeds John Textor as president of Olympique Lyonnais and is appointed CEO of Eagle Football Group
• John Textor has resigned from his executive positions and board membership while remaining the club’s owner
• Michael Gerlinger, former sporting director at Eagle Football Holding, is named director general to partner with Kang
• The leadership changes follow the DNCG’s June 24 ruling that administratively relegated Lyon to Ligue 2 over budgetary concerns
• Kang will spearhead OL’s formal appeal process before the financial regulator to seek reversal of the relegation decision