The transition to the Ligue 1+ platform is now showing its full impact on Olympique Lyonnais’ latest financial results. The club continues to navigate a period of severe financial and governance turbulence.
On Friday, Eagle Football Group announced that the British firm Cork Gully has been appointed as the judicial administrator for Eagle Football Holdings Bidco Limited, the entity holding approximately 85% of the club’s capital. Consequently, the powers of its directors have been suspended, effectively removing John Textor from the holding company’s governance. However, the club clarified that this procedure does not affect the operational management led by Michele Kang and Michael Gerlinger.
44% Drop in TV Rights
Due to ongoing audits and the shareholder’s administration status, the publication of the semi-annual accounts (ending December 31, 2025) has been postponed until March 31, 2026. Preliminary figures highlight a precarious financial balance:
- Total Activity Income: Rose slightly to €121.3 million (+3% compared to the previous year).
- Player Trading: This growth was driven by a 30% increase in player sales, totaling €45.3 million. Key departures included Georges Mikautadze to Villarreal (€22.2M) and Lucas Perri to Leeds (€12.9M).
- TV Rights: Domestic television revenue plummeted by 44%, falling from €11.4 million to just €4.9 million. This collapse is directly linked to the early termination of the LFP/DAZN contract in June 2025 and the subsequent shift to the Ligue 1+ platform.
- Events Revenue: Income from stadium events fell by 67% to €3.5 million, as the period lacked the high-profile non-sporting events seen in the previous year.