Lyon Faces Shocking Penalties from French Football Authorities Over Debt Issues
The French football club Lyon is facing potential relegation and a transfer ban after the DNCG imposed severe penalties due to massive debts amounting to €463.8 million. Club owner John Textor expressed confidence in reversing the financial situation and assured fans that key players will not be sold as the club aims for a Champions League spot. Despite some positive signals regarding cash inflow from international investments, regulators remain skeptical of the club’s financial viability. Lyon’s disappointing balance sheets have raised doubts among its supporters about the team’s future in Ligue 1.