Lyon relegated to Ligue 2 However, as the DNCG has now announced, these 'levers' have not been enough to put the club in a secure financial position, and the decision to relegate them to Ligue 2 ...

Lyon were hit with a provisional demotion to Ligue 2 back in November amid concerns about their finances, having reportedly racked up over €500m in debt.

Although the dramatic consequences of Lyon’s problems have just come to fruition, the issues that have led to their relegation to Ligue 2 stem back further than recent years. OL have been ...

Lyon relegated to Ligue 2 after an audit by French football financial watchdog; seven-time French champions will appeal against decision; Lyon are owned by John Textor, who has sold his stake in ...

Seven-time French champions Lyon, owned by American businessman John Textor, have been relegated to the second tier of French football due to the club's financial problems.

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 ...

Seven-time Ligue 1 champions Lyon will appeal their relegation to Ligue 2 after failing to convince France's financial watchdog. The club's president remains confident of avoiding the drop.

Lyon can appeal the decision. Before the meeting, Lyon’s president John Textor said he was confident of avoiding the drop to Ligue 2 for next season, where the club has not played since 1989.

Ligue 1 giants Lyon have been relegated from the French top flight due to their massive debts which previously surpassed €500m. Lyon, along with several top Ligue 1 sides, appeared before the ...

Lyon's major honours Lyon have won the Ligue 1 title seven times, all coming in consecutive seasons between 2002 and 2008. They have finished as runners-up on five occasions, most recently in 2016.