This post was originally published on The Athletic
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Lyon’s American owner John Textor has insisted there is “no chance” the French side will be relegated from Ligue 1.
Textor spoke for two hours at a hastily arranged press conference on Saturday in response to Friday’s decision to provisionally relegate the seven-time French champions to Ligue 2.
The Direction Nationale du Controle de Gestion (DNCG, the French football watchdog) yesterday ruled Lyon would be relegated unless they substantially improve their troubling financial situation before the end of the season in May. The club were also hit with a transfer ban for the January…