OL, bad news announced

Published:

By: Manu Tournoux

Olympique Lyonnais lives a crucial day. This Wednesday, July 9, the club will be fixed on its fate at its call meeting against the DNCG, which had decided to demote the Gones just over two weeks ago. To be convinced, the gendarme of French football asks the club to present 200 million euros to it: 100 million euros cash and 100 million euros in guarantees present in a single account.

For that, The team reveals that the new president, Michele Kang, who succeeded John Textor, could draw in her personal wealth. It would be ready to give 30 million euros to save the Rhone institution. The company Arses for its part could lend 100 million euros still according to information from the sports daily.

It remains to be seen whether the club has managed to find the remaining 70 million euros to succeed in the DNCG.

John Textor forgot to sign the naming of the Ol park

But problems never come alone to Olympique Lyonnais. The club could lose the name of its stadium on August 1st! The naming signed with Groupama in 2017 by Jean-Michel Aulas was not renewed by John Textor before his departure from the club.

Progress reveals that Groupama had given his agreement to renew the contract but that the former president did not do the necessary. Since the announcement of the OL demotion decision by the DNCG, discussions between the club and Groupama have stalled, thus leaving the worst for the club in the event of relegation.