The owner and president of Olympique de Lyon, John Textorassured on Saturday that the club “will not be relegated to the Second Division” due to its financial situation and detailed a plan to inject the necessary financial resources.
In a press conference, the American businessman detailed how he plans to reverse the sanctions issued on Friday by the General Directorate of Management Control (DGCG) of French football, which include a ban on signings in the winter market and the threat of relegation at the end of the season if they do not set their accounts straight.
Texter ensured that in the short term it will have important sources of income, of which the 200 million euros it expects to raise from the sale of its participation in Crystal Palace English.
In addition, he plans to get another 100 million dollars that he estimates he will get from the listing on the New York Stock Exchange of his Eagle Football Club group and 55 million euros more for the transfer of players from Lyon.
Too many troops
The current squad has 29 players, “six or seven more” than it needs, according to the American manager.
This surplus of troops is due to the effort the club had to make in the last winter market, when it signed several players to get out of the relegation spots.
“We don’t have a problem with money, but with understanding,” he said. Texterconsidering that the auditors made a mistake when examining only the accounts of the French club, which show a debt to third parties amounting to 423.3 million euros.
The owner of the Lyon club regretted that the DGCG did not take into account the financial state of his multinational football company, which manages several football clubs in the world, including Botafogo Brazilian and the Molenbeek Belgian.
“What is wrong with the system is that (the DGCG) tries to predict the future and assumes that mistakes could be made, so they are penalizing them now. I want it to be very clear, we are not going to be relegated. That is not “It’s just a warning if we don’t take some steps,” he said. Texter.
He insisted that “we have resources that exceed the needs of this club. We have shown them how we plan to approach this situation in a methodical way.”
“And if, for some reason, all these strategies fail, we have incredibly rich shareholders and participants (…) who will not allow the club to go down,” he concluded.
Cherki and Mikautadze, the most charming
The French sports press points now because the most attractive players in Lyon They are the forward Rayan Cherki (French, 21 years old) and Georges Mikautadze (24-year-old Georgian), both worth 20 million euros each ‘Transfermarkt‘.
The press conference, in which the general director of the club also participated, Laurent Prud’hommetook place in a tense climate as the club did not allow access to cameras or live radio broadcasts.
Security was also beefed up at the entrance to the training center for fear that fans who were unhappy or worried about the situation might show up, something that ultimately did not happen.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
