Lyon's debt recently grew to €505 million (US$532 million).
Lyon's Financial Situation
Olympique Lyonnais (Lyon) is currently navigating a challenging financial landscape, marked by a significant increase in its reported debt. This escalating debt has become a major concern, prompting the club to prioritize drastic improvements to its financial standing.
The club recently disclosed that its debt has reached €505 million, which translates to US$532 million. This substantial financial burden highlights the critical need for Lyon to stabilize and strengthen its economic health. Ensuring a considerable improvement in their financial situation by the end of the 2024/25 season is essential for the club to avoid potential relegation to Ligue 2, the second tier of French professional football.
The reported debt figures are summarized below:
Currency | Amount |
---|---|
Euro (EUR) | €505 million |
US Dollar (USD) | US$532 million |
The club's ability to drastically improve its financial situation over the next season will be crucial for its continued presence and stability in Ligue 1.