Olympique Lyonnais, the French Ligue 1 club, is facing financial difficulties and is considering job cuts. The club’s parent company, Eagle Football Holdings, will provide working capital to help address the situation. The club’s transfer deficit and lower domestic media rights revenue contributed to the financial strain.
French club Olympique Lyonnais has put a majority of its players on the transfer market in a bid to raise €100 million before the transfer window closes. This drastic measure comes after the club spent heavily on new signings this summer and needs to meet financial obligations to avoid further restrictions from Ligue 1’s financial watchdog.
Everton have strengthened their defensive ranks by signing Irish center-back Jake O’Brien from Ligue 1 club Olympique Lyonnais on a four-year contract. The 23-year-old, who previously played for Crystal Palace and had loan spells at Swindon Town and RWD Molenbeek, brings valuable experience to the Toffees’ backline.
