Yahoo Sports Threat of relegation looms over Lyon ahead of DNCG meeting
According to a report from L’Équipe, Olympique Lyonnais will appear before France’s financial watchdog, the DNCG, on Friday morning to discuss the club’s financial situation. The French outlet writes that while outside observers are concerned following the publication of the club’s accounts, Lyon is not worried about the meeting.
L’Équipe notes that the club believe they will be able to convince the DNCG that the potential sale of players from their stock or that of Botafogo, as well as the sale of Eagle Group’s 45% share in Crystal Palace, will be enough to guarantee the club will be in a better financial situation by the end of the season.
RMC Sport reported that selling players like Rayan Cherki (21) and Malick Fofana (19) might not be enough to convince the DNCG. As the Director of the Sports Business Observatory, Vincent Chaudel informed the website “When everyone knows that you have to sell, it is rarely [the time] where you make the best sales.”
What happens if the DNCG are unconvinced?
Both L’Équipe and RMC Sport acknowledge that Lyon could suffer sanctions if the DNCG are not convinced by Lyon’s plan. The lightest of these sanctions could be supervision of recruitment and payroll but there is the possibility that Lyon could be relegated as a precaution if the money is not found by the end of the season.
