French club Lyon have been demoted to Ligue 2 because of the poor state of their finances. The club were provisionally demoted by the DNGC, the body which oversees the accounts of French professional football clubs, in November. Lyon officials including owner John Textor, met with the DNGC on Tuesday but failed to convince the...
Chelsea have confirmed they are in talks with Uefa over their financial sustainability following a potential breach of the governing body’s Financial Fair Play rules. The Blues are in talks with Uefa over a settlement relating to their financial results for the year ending June 2024, where the club posted a pre-tax profit of £128.4m,...
