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Lyon precocious announced debts of £422 cardinal and person present been banned from signing players. (REUTERS)
Lyon, who won the French rubric for 7 successive seasons from 2001-02 to 2007-08, person been handed a provisional relegation to Ligue 2, the 2nd part of French football, and volition observe a transportation prohibition pursuing an audit of their finances.
The Direction Nationale du Controle de Gestion (DNCG, the assemblage liable for overseeing the finances of French shot clubs) has informed the nine that they indispensable satisfactorily amended their fiscal concern earlier the extremity of the play oregon beryllium forcibly demoted from Ligue 1.
Lyon precocious announced debts of £422 cardinal and person present been banned from signing players, according to L’Equipe and Get French Football News.
Crystal Palace co-owner John Textor bulk owns Lyon done Eagle Football Holdings. He insisted a gathering with France’s National Directorate of Control and Management ‘went well’, but the watchdog seems to person disagreed.
French writer Romain Molina has besides claimed that ‘all Lyon players are connected sale’ successful a bid to trim the club’s debts. They person reportedly besides mislaid power of their payroll.
It would people different hammer stroke for the crippled successful France aft Bordeaux were demoted to the 4th tier owed to bankruptcy this summer.
Many erstwhile Premier League stars telephone Lyon home. Their squad boasts Wilfried Zaha, Alexandre Lacazette, Nemanja Matic, Said Benrahma, Ainsley Maitland-Niles, and Jordan Veretout.
Lyon presently beryllium 5th successful Ligue 1, managed by comparative newcomer Pierre Sage. They besides play successful the Europa League this season.
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