Olympique Lyonnais' Financial Strategy: No Urgent Player Sales Required

Olympique Lyonnais' owner John Textor clarified that the club is not obligated to sell players worth 100 million euros before the summer transfer window closes. Despite reports of financial targets, Textor emphasized alternative revenue strategies. Lyon's spending and ownership structure were highlighted, noting flexibility in managing cash flows.

Olympique Lyonnais' owner John Textor has stressed that the club does not need to offload players worth 100 million euros before the close of the summer transfer window, countering recent claims by French media.

Speaking to Reuters, Textor explained that the club did not have specific sales targets and could explore other revenue avenues to maintain financial stability. This statement came after reports suggested that Lyon had listed most of their squad for transfer to balance their budget.

Textor, who holds the majority stake in Lyon through Eagle Football Group, emphasized financial flexibility and dismissed urgent sales needs, despite acknowledging a slower-than-normal transfer window.

(With inputs from agencies.)