Olympique Lyonnais faces relegation from Ligue 1 due to financial issues, with owner John Textor's dual ownership of Crystal Palace complicating matters. New majority owner, Kang, will lead the appeal against the DNCG's decision, which could impact both clubs' participation in European competitions. The appeal is set to be heard within a week.
Lyon's financial troubles have led to a provisional relegation to Ligue 2, following an audit by the DNCG. Textor's ownership of both Lyon and a stake in Crystal Palace raised concerns over UEFA's multi-club ownership rules, complicating the situation for both clubs.
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Crystal Palace Football Club is a professional football club based in Selhurst, South London, England, who currently compete in the Premier League, the highest level of English football.
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Olympique Lyonnais, commonly referred to as simply Lyon or OL, is a French professional football club based in Lyon in Auvergne-Rhône-Alpes, it plays in France's highest football division, Ligue 1. The club was established in 1950.
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John Textor is an American business executive and co-owner of Crystal Palace Football Club, a professional football club based in Selhurst in the Borough of Croydon, South London, England, which currently competes in the Premier League, the highest level
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France, officially the French Republic, is a country consisting of metropolitan France in Western Europe and several overseas regions and territories.
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Robert Wood "Woody" Johnson IV is an American businessman serving as the United States Ambassador to the United Kingdom. He is a great-grandson of Robert Wood Johnson I, and a billionaire heir to the Johnson & Johnson pharmaceutical fortune.
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The Union of European Football Associations is the administrative body for association football, futsal and beach soccer in Europe, although several member states are primarily or entirely located in Asia.
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Kylian Mbappé Lottin is a French professional footballer who plays as a forward for Ligue 1 club Paris Saint-Germain and the France national team.
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Paris Saint-Germain Football Club, commonly referred to as Paris Saint-Germain, Paris SG, or simply Paris or PSG, is a French professional football club based in Paris. They compete in Ligue 1, the top division of French football.
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Switzerland, officially the Swiss Confederation, is a country situated in the confluence of Western, Central, and Southern Europe. It is a federal republic composed of 26 cantons, with federal authorities based in Bern.
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England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest of England and the Celtic Sea to the southwest. England is separated from continental Europe by
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London is the capital and largest city of both England and the United Kingdom, with a population of 9.1 million people in 2024. Its wider metropolitan area is the largest in Western Europe, with a population of 15.1 million. London stands on the River...
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The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign country located off the northwestern coast of the European mainland.