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Lyon Relegated From Ligue 1: Club Owner John Textor to Step Back From Management

Summary by The Hindu
American businessman John Textor plans to step back from the day-to-day management of Olympique Lyonnais following the club’s relegation to Ligue 2

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Good news for Lyon. The club will be able to compete in the Europa League next year, subject to its retention in the elite.

·Paris, France
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Olympique Lyonnais has been relegated from the top flight due to financial difficulties. The seven-time French champions will still be eligible to compete in the Europa League regular season.

·Budapest, Hungary
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John TextorJohn TextorOn Friday, Olympique Lyonnais formalized the signing of a negotiated agreement with UEFA, a sine qua non condition to be able to compete in the Europa League next season. John Textor assures that everything is going to settle.Ligue 2 in Ligue 2 next season? For the moment, that's right. Meanwhile, UEFA has imposed a financial penalty of 50 million euros, including 12.5 million euros to be paid immediately after the administ…

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Le Figaro broke the news in Paris, France on Friday, June 27, 2025.
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