Faced with a threat of relegation, the new management of Olympique Lyonnais (OL) presents itself to the National Directorate of Management Control (DNCG) this Wednesday. Michele Kanget and Michael Gerlinger, who have worked tirelessly since their appointment following John Texto’s departure, have taken a crucial action to preserve the club in Ligue 1. The hearing, scheduled for early morning, will determine OL’s future sport, requiring convincing arguments for the football financial officer.

For several days, Michele Kang has been actively involved in the mobilization of funds available within Eagle Football, aimed at raising the EUR 100 million required by the DNCG. A sum that represents a major issue for the financial stability of the club. In addition, ARES is responsible for securing the second EUR 100 million envelope, which is an essential guarantee condition for obtaining approval from the DNCG.

Michele Kang and Michael Gerlinger are trying to reassure the proceedings by proposing a transparent and solid file, in contrast to John Texto’s uncertain approach. The final decision of the DNCG should be made by the end of the day, and will determine whether OL can retain its place in Ligue 1. The outcome of this hearing is therefore crucial for the future of the club and its supporters.

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