Lyon has officially been relegated to the second division of French football next season following a meeting with the DNCG, which analyzed the club's financial struggles. The club faced a provisional demotion last November after accumulating debts over €500 million. Despite significant financial efforts from Eagle Football Group, including asset sales and stake divestments by chairman John Textor, the DNCG upheld the decision. High-profile player releases accompanied the demotion, and Lyon has indicated intentions to appeal. If upheld, Reims will replace Lyon in Ligue 1 after narrowly losing a playoff.
Lyon's financial struggles culminated in a demotion to Ligue 2, despite efforts from owner Eagle Football Group to improve the situation through significant asset sales.
The club's provisional demotion came after accumulating debts exceeding €500m, prompting a series of financial maneuvers to appease the DNCG, which ultimately failed.
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