Lyon was relegated to Ligue 2 by the National Directorate of Control of the Management of the French Football League (DNCG).
This is after having omitted to provide the guarantees requested by the financial guard dog of the professional game in France, according to the French newspaper The team.
The seven French champions can appeal the decision.
The owner of Lyon, John Textor, sold his participation in Crystal Palace
Lyon, which finished sixth in Ligue 1 last season, was temporarily relegated in November following an audit of their finances.
Lyon belongs to John Textor, And the decision to relegate them one day after the American businessman sold his participation in Crystal Palace in the owner of New York Jets, Woody Johnson.
Textor’s decision seems to have stimulated palace hopes to play in the Europa League next season.
In the meantime, Sky Sports News reported that Lyon had been interested in signing Nottingham Forest pair Matt Turner And Danilo.
Lyon sold his best player, Rayan Cherkiearlier this month for Manchester City In an offer of 34 million pounds sterling.
Lyon winger Malick Fofana is a Chélat Target after the Blues made an investigation this summer for the Belgian international.
Textor sells a palace stake
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Kaveh Solhekol, chief journalist of Sky Sports News, explains what the change of property of Crystal Palace will do for their Europa League prospects
Lyon’s demogram comes after the Textor’s shares in Crystal Palace threatened to be an obstacle to Eagles participation in the Europa League next season because he owns Lyon, who should participate in the same competition.
By virtue of UEFA multi-club property rules, it seemed to be missing.
However, the participation of 43% of Textor in the London Club was now sold in Johnson in an agreement worth more than 190 million pounds Sterling and Values Palace to more than 400 million pounds Sterling.
The sale is subject to the Premier League and the approval of the WSL, but can now release the palace to play in the Europa League.
The Eagles qualified for the competition thanks to their final victory for the FA Cup against Manchester City.
A decision is scheduled in the days when Palace will take its place in the Europa League for the first time in its history with the draw in August.
Textor, who, through his group Eagle Football Holdings, also has an important participation in Botafogo, which are the current Brazilian and South American champions, initially invested in the palace in 2021.
