After weeks of drama, the French Football Federation finally confirmed what Lyon fans had been praying for: their club stays in Ligue 1. Financial watchdog DNCG had threatened to drop them to Ligue 2, but a late financial package reportedly €100 million secured upfront saved them. And yes, their place in next season’s UEFA Europa League is safe too, thanks to a strong league finish.
But let’s be clear: this wasn’t a fairytale season.
On the pitch, Lyon spent the first half of the campaign rooted to the bottom of the table. Defensive errors, toothless attack, and chaos in the dugout defined their start.
Then came Paulo Fonseca. Appointed at the end of January, the Portuguese coach reshaped Lyon’s style, pressing higher, attacking with purpose, and giving players like Ernest Nuamah and Malick Fofana the freedom to express themselves. Veterans like Alexandre Lacazette also stepped up when it mattered. Slowly but surely, Lyon climbed out of trouble, eventually finishing 6th.
But if you're looking for a cup fairytale, look elsewhere. Lyon's Coupe de France campaign was an embarrassment. They crashed out in the Round of 32, losing on penalties to fifth-tier Bourgoin-Jallieu. No silverware, no parade.
Even as results improved, the club’s finances told a darker story. The DNCG raised serious concerns about Lyon's debt and ownership under John Textor’s Eagle Football group. There were comparisons to Bordeaux and Sochaux, two French clubs who suffered administrative relegation in recent years. Lyon could’ve joined them.
But after presenting revised accounts and a financial plan, Lyon convinced the authorities—for now—that they could stay afloat. Michele Kang, who now leads the club, has promised more stability moving forward.
The summer transfer window started with a headline exit: Rayan Cherki joined Manchester City, finally ending long-standing speculation. His departure filled the financial gap but left a creative hole in midfield. More sales might follow.
What’s Next?
Ligue 1 survival was one battle. Competing in the Europa League is another.
Fonseca needs reinforcements to handle the extra workload, but budget limitations mean Lyon must be smart in the market. Squad depth is thin, and without Cherki’s spark, they’ll need others to step up.
The question now: is this the start of Lyon’s return to Europe’s elite, or will it be another false dawn?
For now, Lyon breathe a sigh of relief. But the real work begins this summer.
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