Lyon’s American owner John Textor has insisted there is “no chance” the French side will be relegated from Ligue 1. Textor spoke for two hours at a hastily arranged press conference on Saturday in response to Friday’s decision to provisionally relegate the seven-time French champions to Ligue 2.

On Friday morning, Olympique Lyonnais met with the DNCG, French football’s financial watchdog, for their midseason review. Leading up to the review, there had been some concerns that Lyon could

The American billionaire was open in his interest to buy Everton, but is currently dealing with huge financial problems at Lyon

Olympique Lyonnais have been handed a provisional Ligue 1 relegation by the DNCG, who oversee the finances of clubs in France, the LFP have confirmed.

Seven-time French champion Lyon risks relegation to the second tier at the end of the season and has been hit with a transfer ban because of financial irregularities.

Lyon have been handed a provisional relegation to Ligue 2, the second division of French football, and will observe a transfer ban following an audit of their finances. The Direction Nationale du Controle de Gestion (DNCG,

French club Lyon will be demoted to Ligue 2 at the end of the season if they do not improve their finances, and will be banned from signing players in January.

American businessman John Textor's team Lyon have been provisionally relegated to Ligue 2 and imposed a transfer ban for the upcoming window due to its failure to achieve financial sustainability.

Lyon have been handed a severe sanction by the DNCG – Direction Nationale du Contrôle de Gestion. The French football financial watchdog has decided to hit the John Textor-owned Ligue 1 club with

Olympique Lyon faces provisional relegation to Ligue 2 by DNCG over financial irregularities, with a transfer ban and salary oversight imposed. Owner John Textor remains optimistic about avoiding demotion as the club races to resolve its financial crisis.