Draconian punishment
Olympique Lyon on the brink of forced relegation
According to a report in the sports newspaper "L'Équipe", former serial champions Olympique Lyon are facing forced relegation to the second French league.
Due to immense debts of around half a billion euros, France's soccer financial supervisory authority has placed the club on probation in Ligue 2 for next season, according to the report. Forced relegation can only be avoided if the finances are put in order by the end of the season.
The club was also banned from making any transfers this winter by the DNCG. On Friday, the American club owner John Textor had asked for leniency at a hearing and appeared optimistic after the hearing. In the evening, however, the draconian punishment followed - as reported by "L'Équipe".
"OL has been in financial difficulties for some time. Last year, the club, which had won the French championship seven times in a row from 2002 to 2008, was threatened with forced relegation - but Lyon managed to avert this at the time.
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