Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Sports»French giants Lyon relegated to Ligue 2 amid financial struggles | Football News
Sports

French giants Lyon relegated to Ligue 2 amid financial struggles | Football News

November 16, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Lyon, who gained the French title for seven successive seasons from 2001-02 to 2007-08, have been handed a provisional relegation to Ligue 2, the second division of French soccer, and can observe a switch ban following an audit of their funds.

The Path Nationale du Controle de Gestion (DNCG, the physique accountable for overseeing the funds of French soccer golf equipment) has knowledgeable the membership that they have to satisfactorily enhance their monetary scenario earlier than the top of the season or be forcibly demoted from Ligue 1.

Lyon not too long ago introduced money owed of £422 million and have now been banned from signing gamers, in response to L’Equipe and Get French Soccer Information.

Crystal Palace co-owner John Textor majority owns Lyon by way of Eagle Soccer Holdings. He insisted a gathering with France’s Nationwide Directorate of Management and Administration ‘went effectively’, however the watchdog appears to have disagreed.

French journalist Romain Molina has additionally claimed that ‘all Lyon gamers are on sale’ in a bid to scale back the membership’s money owed. They’ve reportedly additionally misplaced management of their payroll.

Festive offer

It will mark one other hammer blow for the sport in France after Bordeaux had been demoted to the fourth tier on account of chapter this summer time.

Many former Premier League stars name Lyon dwelling. Their squad boasts Wilfried Zaha, Alexandre Lacazette, Nemanja Matic, Stated Benrahma, Ainsley Maitland-Niles, and Jordan Veretout.

Lyon at present sit fifth in Ligue 1, managed by relative newcomer Pierre Sage. In addition they play within the Europa League this season.



Source link

financial football French Giants Ligue Lyon news relegated struggles
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Chhattisgarh High Court refuses to quash FIR against professors who ‘asked students to offer namaz’ | India News

May 30, 2025

‘One habit I’ve had now for many years…’: A day in the life of External Affairs Minister Dr S Jaishankar | Lifestyle News

May 30, 2025

“Pacers might actually choke” – Fans ride behind Jalen Brunson and Knicks after spectacular effort forces Game 6

May 30, 2025

Over 184 million passwords from Apple, Google, Facebook, and Microsoft leaked online, claims researcher | Technology News

May 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Broadridge Partners with Novisto to Launch Advanced Sustainability Reporting Platform

May 30, 2025

Chhattisgarh High Court refuses to quash FIR against professors who ‘asked students to offer namaz’ | India News

May 30, 2025

‘One habit I’ve had now for many years…’: A day in the life of External Affairs Minister Dr S Jaishankar | Lifestyle News

May 30, 2025

“Pacers might actually choke” – Fans ride behind Jalen Brunson and Knicks after spectacular effort forces Game 6

May 30, 2025
Popular Post

In China’s property crisis, global asset managers see opportunity in rental housing

Ukraine Says North Korean troops “Withdrawn” From Kursk Front Line

Dollar Jumps as Trump Pulls Ahead in US Presidential Vote Count

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.