{"id":6932,"date":"2024-11-16T06:09:42","date_gmt":"2024-11-16T06:09:42","guid":{"rendered":"https:\/\/news.godj.com\/sport\/lyon-given-provisional-demotion-to-ligue-2-over-finances\/"},"modified":"2024-11-16T06:09:42","modified_gmt":"2024-11-16T06:09:42","slug":"lyon-given-provisional-demotion-to-ligue-2-over-finances","status":"publish","type":"post","link":"https:\/\/news.godj.com\/sport\/lyon-given-provisional-demotion-to-ligue-2-over-finances\/","title":{"rendered":"Lyon given provisional demotion to Ligue 2 over finances"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">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.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Lyon owner John Textor is also co-owner of Premier League club Crystal Palace, and the largest shareholder of Brazilian club Botafogo.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">His Eagle Football Group recently announced debts of \u00a3422m.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The DNGC, the body which oversees the accounts of French professional football clubs, made the ruling on Friday.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Lyon will also have their payroll supervised by the DNGC.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Seven-time French champions Lyon are likely to have to sell several key players in January to get their accounts in order and maintain their top-flight status.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">American Textor could reportedly help manage the debt by selling his stake in Palace, or selling Botafogo players.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Lyon are fifth in Ligue 1 and ninth in the Europa League.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/sport\/football\/articles\/cy7dml2k2dgo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. Lyon owner John Textor is also co-owner of Premier League club Crystal Palace, and the largest shareholder of Brazilian club Botafogo. His Eagle Football [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,18],"tags":[],"class_list":["post-6932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-european-football","category-world-sport"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/6932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/comments?post=6932"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/6932\/revisions"}],"predecessor-version":[{"id":6934,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/posts\/6932\/revisions\/6934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media\/6933"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/media?parent=6932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/categories?post=6932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/sport\/wp-json\/wp\/v2\/tags?post=6932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}