Featured image of post Olympic Lyonnais maintains its place in Ligue 1 after examining its financial file

Olympic Lyonnais maintains its place in Ligue 1 after examining its financial file

Olympique Lyonnais obtained a retention in Ligue 1 after the DNCG’s appeal was investigated, a decision welcomed by the new president Michelle Kang. This victory is the result of intense work by the new management, including the reintegration of Thierry Sauvage, former general manager, into the organizational chart to strengthen financial management. Michelle Kang expressed gratitude to Jean-Michel Aula, former President, for her support, while stressing the importance of transparency and compliance with financial rules in the future. Management also clarified the rumours of EUR 200 million requested by the DNCG, confirming that it was rather a need for financial guarantees and sufficient cash for the coming year.

OL’s maintenance is seen as a major relief for the club, its fans and its players, after a period of uncertainty. This success is the result of a collective effort involving shareholders, lenders and partners, who contributed to the presentation of a solid case before the DNCG. The new management, together with Michael Gerlinger as CEO, is committed to rigorous and transparent management aimed at improving the club’s financial performance and ensuring its sustainability. Michelle Kang stressed that success on the ground is an essential engine for attracting more fans and business partners, thereby strengthening the club’s position.

The new president stressed the importance of this victory for OL’s future, marking a turning point from the previous management. She stressed the need to respect financial rules and work closely with the DNCG to ensure the club’s stability. The retention in Ligue 1 paves the way for a new season with renewed ambitions, while confirming OL’s commitment to rebuild on a solid and sustainable basis. This success is also a sign of the resilience of the OL community and its determination to regain the leadership it deserves.

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