A stunning development has occurred in France: Olympique Lyonnais, widely recognized as one of the most significant clubs in French football, has been relegated to Ligue 2.
This drastic measure was not imposed due to on-pitch performance but rather is a decision by the DNCG, the governing body responsible for financial oversight in French football. The DNCG chose to impose the relegation as a precautionary step. The decision was conveyed to the club`s president and owner, John Textor, during a meeting held in the afternoon. Despite Textor`s attempts to justify Lyon`s financial standing and offer assurances, his arguments did not satisfy the DNCG, which concluded that the club`s financial health was too precarious to permit participation in the upcoming Ligue 1 season.
Olympique Lyonnais now has the opportunity to file an appeal in the hope of overturning this significant ruling.