French giant Lyon has confirmed that they will appeal to a “unintelligible” decision to leave them to League Two after they have not convinced the authorities that have resolved the financial difficulties.
The seven-time French champion was hit by a temporary relegation in November after winning massive debt. Since then, they have sold many first-team players, but the French soccer watchdog backed the surrender following Tuesday’s meeting.
Lyon is owned John Text, And the decision to entrust them to them came a day after an American businessman sold their shares in Crystal Palace to Woody Johnson, owner of the New York Jets.
This has affected the location of the Europa League in Lyon, and further impact on the location of Crystal Palace is currently unknown.
A verdict on whether Lyon meets financial rules from the UEFA Club Financial Control Agency (CFCB) is still pending.
UEFA did not comment when contacted Sky Sports News.
Lyon, who finished sixth in League One last season, said in a statement:
“Over the past few months, we have worked closely with DNCG to meet all of its demands with stock investments that exceed the amount requested. The cash position has improved dramatically thanks to stock contributions from shareholders and the sale of Crystal Palace.
“We have won for the second year in a row with proven funding and sporting success, and we have been able to win European competition for the second year in a row, so we don’t really understand how the management decisions have managed to drive these major French clubs.
The text said l’equipe Last week he was convinced that Lyon’s financial condition had been resolved and said “there is no chance” to be kicked out in November.
After receiving a temporary demote last year, Lyon Benlama said, Anthony Lopez and Maxence Caqueret January, and this summer, they’re already on sale Rayan Cherki In Manchester City With a £34 million deal.
Lyon Winger Marik Fofana It’s a Chelsea Target after Bruce contacted Belgian International this summer.
meanwhile, Sky Sports News Lyon reports that he is interested in signing Nottingham Forest pair Matt Turner and Daniro.
“The Great Earthquake and Textbook for French Football is Responsible”
Lyon can appeal to a decision to leave them to League 2
French football expert Julian Lawrence speaks to Sky Sports News:
“Back in November, they would have been tentatively kicked out by the DNCG because they had about £200 million in debt. DNCG said, “If you stay like this, it’s better to sort out your accounts between November and June when you came back to see us, regardless of where or where you finish in the league.”
“And John’s text said, “Yes, don’t worry, it’s fine. I’ll sell the players in January. I’ll do the same by the end of June. I’ve got all of these plans.”
“So they were very optimistic to meet the DNCG in Paris today, but this news was a major earthquake in French football, because we all understood that Lyon was fine and in fact the plans they proposed to sort out their economic issues were not convincing enough for the DNCG.
“They are sue now, but the thing is, there is not much time between them making plans that are different from what they presented today and what they presented today.
“They sold Rayan Cherki to Manchester City – that was part of the plan. There was something John Text wanted to do, for example, transferring from one of his clubs to Lyon from one of his clubs, a multi-club ownership company, but that can’t be revealed.
“You can’t take money from Botafogo to put it in your Lyon account. They were trying to put that plan together, but it didn’t work.
Lyon sold Rayan Cherki to Man City for £34 million this summer.
“Now I don’t know what else they can do other than sell Malik Fofana to an English club, maybe another player or two. But they’re really going against the clock and the other clubs know they need money very quickly, so they know they’re not in a strong position in terms of transfer markets and transfer fees.
“I’m actually quite worried because we’re up to relegation with past clubs and then sue, sue, find a way with new investors and make some money in some way.
“That’s terrible. John Text took over and bought the club from Jean Michel Aurus. Jean Michel Aurus was this historic figure who took the mid-table of the club in the second division in the mid-’80s, and now remains in the second tier of France, until seven league titles and the Champions League semi-finals.
Will Nemanja Matic be able to play for Lyon and Ligue 2 next season?
“John Text has confused this club. There’s no other way to put it down. He’s one of the worst owners, and he’s one of the worst ownership he’s seen in French football in recent history, spending money everywhere, sacking managers and hiring the wrong managers.
“What he did to this club was terrible, and this is why we’re mad. But we saw this coming once John’s text arrived at the club.
“So it’s surprising and shocking, but not so surprising in reality. I don’t know if you’re really going to get out of it. But if you’re Lyon, this is a terrible position.”
Text sells palace piles
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Sky Sports News Chefreporter Cabesorhekol explains what changes in Crystal Palace ownership do to prospects in the Europa League
Lyon’s relegation comes after Text’s stock at Crystal Palace threatened to be a barrier to the Eagles’ participation in the Europa League next season, as they own Lyon, which is scheduled to take part in the same competition.
Under the UEFA Multiclub ownership rules, the palace appeared to be possible to miss.
However, a 43% interest in the London Club textbook was sold to Johnson in a transaction of over £190 million and sold the palace to Values Palace for over £400 million.
This sale is subject to Premier League and WSL approval, but the palace can now be released to play in the Europa League.
The Eagles competed thanks to their final FA Cup victory at Manchester City.
The August draw is expected to see the decision that the Palace will replace them in the Europa League for the first time in history.
Text, which owns key stakes in current Brazilian and South American champion Botafogo through the Eagle Football Holdings Group, first invested in the palace in 2021.
