Lyon relegated to Ligue 2 however French membership can enchantment towards the choice | Soccer Information
French giants Lyon have been relegated to Ligue 2 after failing to persuade authorities they’ve resolved their monetary difficulties.
The seven-time French champions had been hit with a provisional relegation again in November after racking up large money owed, and though they’ve since offered a lot of first-team gamers, French soccer watchdog the Nationwide Directorate of Administration Management (DNCG) upheld the relegation following conferences on Tuesday.
Lyon, who completed sixth in Ligue 1 final season, can enchantment towards the choice.
Lyon are owned by John Textor, and the choice to relegate them comes a day after the American businessman offered his stake in Crystal Palace to New York Jets proprietor Woody Johnson.
The implications of this on Lyon’s Europa League place and any additional implications for Crystal Palace’s place are at present unknown.
A verdict on whether or not Lyon meet monetary guidelines from the UEFA Membership Monetary Management Physique (CFCB) remains to be pending.
UEFA didn’t remark when contacted by Sky Sports activities Information.
Textor advised L’Equipe final week he was assured Lyon’s monetary place had been resolved, having mentioned again in November there was “no likelihood” the membership could be relegated.
After receiving the provisional relegation final 12 months, Lyon offered the likes of Stated Benrahma, Anthony Lopes and Maxence Caqueret in January, and this summer time they’ve already offered Rayan Cherki to Manchester Metropolis in a £34m deal.
Lyon winger Malick Fofana is a Chelsea goal this summer time after the Blues made an enquiry for the Belgium worldwide.
In the meantime, Sky Sports activities Information has reported Lyon have been considering signing Nottingham Forest pair Matt Turner and Danilo.
Textor sells Palace stake
Lyon’s demotion comes after Textor’s shares in Crystal Palace threatened to be an impediment to the Eagles’ participation within the Europa League subsequent season as a result of he owns Lyon, who’re set to enter the identical competitors.
Below UEFA’s multi-club possession guidelines, it regarded as if Palace might miss out.
Nevertheless, Textor’s 43 per cent stake within the London membership has now been offered to Johnson in a deal price greater than £190m and values Palace at greater than £400m.
The sale is topic to Premier League and WSL approval, however could now free Palace as much as play within the Europa League.
The Eagles certified for the competitors due to their FA Cup ultimate victory over Manchester Metropolis.
A call is anticipated inside days that Palace will take their place in Europa League for first time of their historical past with the attract August.
Textor, who by his Eagle Soccer Holdings group additionally owns a major stake in Botafogo, who’re the present Brazilian and South American champions, initially invested in Palace in 2021.