Times are hard for Olympique Lyonnais. But especially for John Textor. First, because Rhone training is clearly likely not to qualify for the Champions League, which could have disastrous consequences for club finances, already administratively demoted by the DNCG. To avoid being in Ligue 2, OL will have to present financial guarantees during its next visit to the financial gendarme of French football. And without the money from the most prestigious of European competitions, it looks very complicated …
In addition to the issue of TV rights and checks that the Ligue 1 clubs will have to happen, Eagle Football Group recorded losses of 117 million euros in the year 2024, and Textor has debts with several creditors. A terrible situation, while certain sums which had been promised struggles to arrive, such as the sale of the shares of Crystal Palace.
English administration is prevailing
And precisely, Textor and his group have just learned very bad news. A notice of radiation against Eagle Football Holdings will be published in England, as revealed by a surfer. The company did not make its accounts public, which it had to do before June 2024, 10 months late. John Textor has 3 months to oppose this radiation and put himself in good standing by submitting the documents claimed.
If he does not do so, Eagle Football Holdings will disappear in England and the British administration will take control of its assets. Of Crystal Palace therefore. A possible disaster scenario for the North American businessman which will necessarily have consequences on Olympique Lyonnais, since all the clubs of the Eagle galaxy are indirectly connected and dependent on the financial results of each other. Business to follow …
