
Lyon was sentenced in France to relegation to Ligue 2 due to large debts, which amounted to over 500 million euros.
A harsh punishment for the renowned team, which in addition to relegation, risks remaining outside of Europe.
According to what "L'Equipe" has discovered, Lyon must pay at least 200 million euros to escape relegation.
The French team has decided to appeal the decision, something that will happen on July 10. The club must raise 200 million euros before the appeal, to avoid the worst.
John Textor resigned from the position of president and therefore will not be available to testify on appeal.
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