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Lyon on the brink: blocked transfer market and threat of relegation

One of the giants in France is under serious threat

Nov 16, 2024 14:36 28

Lyon on the brink: blocked transfer market and threat of relegation  - 1

French giants Lyon are facing the most difficult moment in their modern history. With a debt amounting to an impressive €505.1m, the club is under strict scrutiny by the Direction Nationale du Contrôle de Gestion (DNCG), the body that monitors the financial stability of professional football clubs in France. Yesterday proved to be a fateful day for Lyon. The DNCG imposed an immediate freeze on all incoming transfers and imposed strict controls on the club's salary cap. The most severe sanction, however, is the threat of relegation to Ligue 2 at the end of the season if the club's financial situation does not improve significantly. These measures put Lyon in an extremely difficult position. Despite stabilization efforts, the task seems almost impossible given the scale of the debt. This is not the first time Lyon has come under DNCG control. The club was also under surveillance in the summer of 2023, but the restrictions were then lifted following a solid late-season performance. Despite previous financial difficulties, Lyon undertook an aggressive transfer campaign last summer, investing €150m in new signings. Among them, Nyakate (32 million euros) and Nuama (28.5 million euros) stand out. However, these investments failed to lead to significant progress on the ground. Under coach Pierre Sage, Lyon currently sit fifth in Ligue 1, 11 points behind leaders Paris Saint-Germain. In the Europa League, the team is relatively stable, earning 7 points from their first four games. However, given the dire financial problems, sporting success may not be enough to prevent relegation. Fans, players and management must unite in their efforts to overcome the crisis, is the appeal of everyone in France.