spot_img
spot_imgspot_img
September 20, 2025 - 11:29 PM

Lyon Relegated to Ligue 2 Over Serious Financial Problems

Olympique Lyon has been relegated to Ligue 2 due to serious financial problems.
The club reportedly owes over €500 million and is losing nearly €100 million each year. As a result, France’s football financial watchdog (DNCG) has taken action by:
Banning them from signing players in the January 2025 transfer window, placing limits on wages and spending, and threatening full relegation to Ligue 2 if the club doesn’t fix its finances by June 2025.
To avoid this, Lyon must raise about €100 million—either by selling players or assets, or by securing new funding.
In the summer of 2024, the club spent €147.79 million on new signings and sold players for around €68 million, resulting in a negative balance of approximately €79.74 million.
More details will be provided when the club officially announces the matter.
Oladimeji Adeoye
Oladimeji Adeoye
Oladimeji Adeoye also known as Osniff is a writer, he is mainly into writing sports with vast knowledge of African Sports, and other continental sports. Oladimeji has worked with top news outlets and currently writing with top newspapers in Nigeria.
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

NSUK to Host Feed Analysis Laboratory for North Central Nigeria

In a major step toward enhancing food safety and...

NSUBEB Chair Decries Theft of Furniture at Central Primary School Akwanga

The Executive Chairman of the Nasarawa State Universal Basic...

Villagers Block Makurdi – Abuja Highway Over Killing of Residents by Suspected Herdsmen

Traffic on the busy Makurdi - Abuja highway came...

Nigeria Queries Qatar Airways Over Passenger’s Detention

The Nigerian Civil Aviation Authority (NCAA) has announced plans...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x