A day after Lyon made worldwide sporting news with a potential administrative relegation, president John Textor struck a positive tone.
On Friday the DNCG handed OL a precautionary relegation from Ligue 1 to Ligue 2 due to their financial troubles.
The French giants will now have to raise around €100million to wipe out their debts and stay in the top flight, something owner Textor is very confident about.
Speaking a day later, he proclaimed: “I tell the world: we will not be relegated.
“We are very optimistic about our model. Our shareholders have funds. Nobody will allow the club to be relegated. There is no chance of us failing, at any level.”
Textor said he thinks he can bring in around €55million from player sales, with Rayan Cherki likely to cover the majority of that after another fine season.
The rest will come from the sale of his Crystal Palace shares, something Textor said the DNCG did not take into account, but that he’s confident will come to fruition.
“I have four potential buyers,” he said. “Billionaires from around the world and leaders of large technology companies.
“The DNCG auditor did not want to take into account the sale of Crystal Palace and the IPO.”
Textor also added that sales from his other club, Botafogo, could be used as a failsafe if his other guarantees don’t work out.






Leave a Reply