FOOTBALL – Olympique Lyonnais have been relegated to Ligue 2, French football’s financial watchdog (DNCG) said yesterday following an audit of the club, which said it would appeal the decision immediately.
Lyon were provisionally demoted by the DNCG in November due to the poor state of their finances and the decision was confirmed on Tuesday after a meeting between club owner John Textor and the DNCG.
The club criticised the decision in a statement yesterday and said it had worked closely with the DNCG, satisfying all their requests.
“Olympique Lyonnais takes note of the incomprehensible decision handed down by the DNCG this evening and confirms that it will appeal immediately,” the club said.
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