OFFICIAL: Olympique Lyon have been relegated to Ligue 2
The National Committee for the Oversight and Financial Management of Clubs in France announced this Tuesday evening the relegation of Olympique Lyon to the second division, after a final review of its financial file, in a surprising move that shook the French sports community.
The club has the possibility to appeal the decision.
The specter of financial woes has loomed over Lyon since November 2024, with a provisional warning already hanging like a dark cloud due to their precarious financial footing. With debts swirling around the staggering mark of 175 million euros, the club has been restrained under a stringent regime: a recruitment freeze unless balanced by player sales, strict wage bill oversight, and eagle-eyed scrutiny of all financial outflows.