Olympique Lyonnais EEFG.PA have been relegated to Ligue 2, French football’s financial watchdog (DNCG) said following an audit of the club, which said it would appeal the decision immediately.
Lyon were provisionally demoted by the DNCG in November due to the poor state of their finances and the decision was confirmed on Tuesday after a meeting between club owner John Textor and the DNCG.
The club criticised the decision in
