More than 500 million euros in debt and heavy financial sanctions: Lyon is going through a storm. The DNCG struck hard, pronouncing a precautionary demotion at the end of the season, accompanied by a ban on recruitment and strict control of the payroll. A critical situation that John Textor, owner of the Rhone club, approaches with open optimism.
After the @girondins Bordeaux, the@OL is in turn drawn into the vicious circle of speculation… and its setbacks (of fortune) American “investors” do not come into football to lose money… #Lyon will have to sell off its workforce #market pic.twitter.com/KWZB3Oi4AN
Xav BARRETT (@XavBarretFoot) November 15, 2024
“OL is not a club in danger”he declared during a press conference. He is banking on the sale of Crystal Palace, the mobilization of other Eagle Football Group subsidiaries, as well as sales of assets and players to replenish the coffers. But in reality, the equation remains complex.
Inevitable departures to reduce the payroll
To appease the demands of the DNCG, Lyon is aiming for a drastic reduction in its payroll, going from 128.4 million euros this season to 74.3 million euros next season. A reduction close to 50%, made possible by targeted departures.
Three executives at the end of their contract will not be extended: Alexandre Lacazette, Anthony Lopeset Nicolas Tagliaficowhich cost the club 1.28 million euros each month. Added to these departures are those of Nemanja Matic et Corentin Tolissowhose respective salaries of €500,000 and €400,000 per month weigh heavily on the club’s finances.
On the other hand, bankable players like Rayan Cherki should be protected to preserve sporting competitiveness. It remains to be seen whether these measures will be enough to calm the DNCG.
