Olympique Lyonnais had seen its payroll and transfer compensation limited during the summer transfer window, but the DNCG, the financial policeman of French football, decided to lift these restrictions.
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Finally some good news for Olympique Lyonnais, perhaps the first of the season: the Rhone club, in great difficulty and last in the championship, will be able to recruit as it wishes during the winter transfer window, in order to strengthen itself. While OL had seen its financial capacity to buy players limited during the summer, the National Directorate of Management Control (DNCG) of the Professional Football League relaxed its monitoring of the club’s finances on Tuesday, December 5. , while asking him to respect the revised upward budget that he presented.
Olympique Lyonnais welcomed, in a press release, the “regain its budgetary flexibility through the supervision of the DNCG on a new budget revised upwards”. To relax its supervision, the financial policeman of French football has retained contract transfers for nearly 100 million euros this summer, the next sale of the American club OL Reign to the Seattle Sounders for 53 million euros, the exchange of assets of OL women and the refinancing of the debt to the tune of 385 million euros, elements presented by president John Textor last week.
“By validating the new budget presented to it by Olympique Lyonnais and simply asking it to respect it, the DNCG allows the club to present itself in a favorable situation before the winter transfer window so as to be able to consolidate its team through the acquisition of new players”continues the club which “welcomes the decision of the financial regulator”.
In July, the DNCG had imposed a control on the payroll and transfer allowances which had forced the recruitment of OL. The club then had a catastrophic start to the season, with only one victory in thirteen games, and already two coaches sacked, Laurent Blanc and Fabio Grosso.