Olympique Lyon Faces Potential Relegation Due to Severe Financial Issues
The French football club has been penalized with a conditional relegation and transfer ban amid significant debt.
- Olympique Lyon is at risk of relegation to Ligue 2 due to debts nearing half a billion euros.
- The club has been placed on probation by France's football financial oversight body, with relegation possible if finances aren't improved by season's end.
- A winter transfer ban has been imposed, further complicating the club's ability to restructure.
- Club owner John Textor appealed for leniency but was met with strict penalties following an official hearing.
- Lyon, a former dominant force in French football, narrowly avoided relegation last year and is currently competing in the Europa League.