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Seven-time Ligue 1 champions Olympique Lyonnais have been provisionally relegated to Ligue 2. The French giants, who have been struggling financially in recent years, have been handed down this sentence in an attempt to get their finances in order.

Crystal Palace owner John Texter, who was interested in buying Everton, owns the French club. When asked about it, the American owner the American owner was more optimistic about the French side’s precarious financial predicament.

Some big names have fallen due to financial issues. The football world hopes this won’t be the same fate as Olympique Lyonnais.

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