BREAKING Olympique Lyon relegated to Ligue 2!

There were such rumours before, although it was believed that everything would fall into place and that one of the biggest French clubs, Olympique Lyon, would avoid relegation. However, this Tuesday night, shocking news is coming from France - the former Champions League semi-finalists are relegated to the Ligue 2!

Les Gones were handed a provisional relegation during the last meeting with the French football financial body on the basis that if their financial situation didn't improve, they would be relegated to the French second tier.

Eagle Football Group, the consortium that owns OL, has pulled multiple financial levers to try to convince the DNCG that the financial situation had drastically improved, including the sale of John Textor's stake in Crystal Palace and Lyon's women's team. However, this has not satisfied the requirements needed.:

Speaking to the press, Textor previously said:

"You can see from the contributions of our shareholders that we have invested new capital, not only for the DNCG, but also for our UEFA licensing process. Not to mention the good news of the Crystal Palace sale. Our liquidity situation has improved considerably."

Crystal Palace saved by the Lyon's owner

Alas, Textor's optimism proved to be without the necessary support in reality. Lyon will play in the second tier next season.