spot_img
spot_imgspot_img
April 29, 2026 - 4:07 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

World Bank’s conflicting signals

Recent assessments from the World Bank on Nigeria’s economy...

Senate Confirms Lamido Yuguda as CBN Deputy Governor, Hails Tinubu’s Choice

The Senate on Wednesday confirmed the appointment of Lamido...

Governor Zulum Dismisses Reports of Backing Gubio as Successor

Governor of Borno State, Babagana Umara Zulum, has clarified...

ISWAP, Boko Haram Clash in Bama as 18 Women Captured in Fresh Infighting

Fresh internal conflict has erupted between two rival terrorist...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x