Lyon Judgment Day

Lyon's fate will be decided this week when the French Football Federation (LFP) Appeal Committee and financial authority DNCG deliver their final verdict.

The verdict on July 10 will determine Lyon's future.

According to The Athletic , on July 10 (Thursday), Lyon will find out whether the club will be relegated to Ligue 2 and excluded from the Europa League for the 2025/26 season. Despite appealing and implementing financial improvement measures, Lyon still faces the risk of receiving a heavy fine.

The hearing between Lyon, the LFP and the DNCG on July 10 will be the Ligue 1 side's last chance to turn things around. According to L'Equipe , Lyon need to raise €100 million before the appeal hearing in the middle of this week.

The club lodged an appeal against their demotion to Ligue 2 last week, hoping to overturn the ban before the start of the 2025/26 season. New president Michele Kang, who has just replaced John Textor, faces an almost impossible task.

The Korean-American businesswoman and owner of the Washington Spirit women's club took over Lyon earlier this month with the aim of restructuring the club's finances and getting it out of sanctions. However, she faces a tight deadline to raise funds, possibly through player sales or finding new investors.

With less than three days left, Lyon's ability to raise funds by selling players is almost impossible. The club's only hope lies in the transfer of shares in the team by businessman John Textor.

Businessman Textor, who took control of Lyon in June 2022 and owns 77% of the club, announced his resignation from all management positions. In an effort to improve Lyon's financial situation, Textor agreed to sell his 43% stake in Crystal Palace to Woody Johnson, owner of the New York Jets football team.

The deal needs to be approved by the Premier League, a process that usually takes around two months. The proceeds from the sale of Crystal Palace will be used by Textor to pay down Lyon's debt. A meeting on 10 July will consider the feasibility of the above financial solutions, assessing whether they can improve Lyon's economic situation.

Source: https://znews.vn/ngay-phan-quyet-cua-lyon-post1566872.html