Under mounting financial pressure, Olympique Lyonnais is seeing its valuation collapse. Behind the scenes, preparations for a sale are underway… at a discounted price.
On the pitch, things are still holding together. Despite a depleted squad and a season marked by constraints, OL remains in contention for European qualification. But this sporting façade hides a far harsher reality.
A Debt Crisis Driving the Sale
Internally, everything is accelerating. Eagle Football Group is organizing the sale through an independent committee, while a duo made up of Ares Capital and Michele Kang is already positioning itself.
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The issue is straightforward: debt is weighing everything down. Nearly €500 million, according to estimates from L’Equipe and confirmed by the DNCG. A burden that is mechanically dragging the club’s valuation lower.
Estimated at around €300 million on paper, OL could be sold well below that figure—despite having been acquired for €798 million in 2022. Creditors have little room left: renegotiate… or risk losing everything. The conclusion is stark: with massive debt and unstable governance, OL is no longer a premium asset, and with each passing week, its price continues to fall.
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