Lyon relegated: French club demoted to Ligue 2 over finances

French club Lyon, due to the bad condition of the financial situation was reduced to Ligue 2.
The club was temporarily downloaded by the DNGC, the corpse that controls the accounts of French professional football clubs in November.
Lyon officials, including the owner John Textor, met with DNGC on Tuesday, but could not convince the body that the club had adequately improved its financial situation to remove the penalty.
Last October, Kartal Football Group announced its debts of £ 422 million.
Seven times, French champions Lyon, in January, collected about 45 million pounds by selling Maxence Caqueret’s Como to Como and to Cherki, who rays in June to improve his finances.
High winners such as Alexandre Lacazette and Anthony Lopes were also released.
Lyon has the right to object to the decision. If it stands, Lyon will be replaced by the reims beaten in the play-off by Metz on the top flight.