Source:REUTERS/Agustin Marcarian
[Saba Sports News] Recently, Lyon successfully appealed to avoid relegation, and the club was restored to Ligue 1 ahead of the upcoming season. Previously, the French National Control and Management Authority (DNCG) had decided to temporarily relegate Lyon due to financial issues at the end of the previous season. John Textor’s Eagle Football Holdings owns a majority stake in Lyon, but after the club was relegated, he resigned from the board. Textor explained the situation during an interview: “I think people need to understand the DNCG. You’ve never seen a club with large amounts of cash and stable cash flow on a hearing, and also expecting more income. In fact, we are also expected to get several hundred million euros from the sale of Crystal Palace. How can such a club be relegated for sustainability issues? And in the same week, we passed the UEFA sustainability review, which is comprehensive and professional. The answer is that the DNCG’s decision-making process is very subjective. It’s not black and white. They count your transfer income from players as zero.”