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Michelle Kang Takes over as President of Ligue 1 Team Lyon as John Textor Resigns

  • On June 30, 2025, Olympique Lyonnais announced Michele Kang as Chairwoman, President, and CEO after John Textor resigned amid relegation struggles.
  • The leadership change follows the DNCG's confirmation of Lyon's relegation to Ligue 2 due to financial irregularities revealed in November 2024.
  • Kang, an American investor and significant shareholder since 2023, will lead Lyon's appeal of the relegation and collaborate with new Director General Michael Gerlinger.
  • Textor, who previously held a 43% stake in Crystal Palace and sold it to Woody Johnson, expressed full confidence in Kang's leadership during this critical moment for OL.
  • Kang's appointment signals a strategic effort to stabilize Lyon financially and sportingly as the club seeks to overcome regulatory challenges and strengthen its future prospects.
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Center
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Lean Left

Threatened by relegation in Ligue 2, the Rhodanian football club turned on Monday to the American businesswoman, who already owned the women's section, to succeed John Textor. She is the first president of a professional men's team in France.

·Paris, France
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Lean Right

The new leader of one of the major football clubs in France will have the mission of saving the professional men's team from a retrograde in Ligue 2, pronounced last week.

·Paris, France
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Lean Right

After the downgrading to Ligue 2 of Olympique Lyonnais, its president John Textor announced that he would withdraw and was replaced by Michele Kang. In a press release published by Eagle Football, owner of the OL, the American businessman makes an assessment of the situation.

Idaho PressIdaho Press
+7 Reposted by 7 other sources
Center

Michele Kang takes over as president of French soccer team Lyon as John Textor resigns

American businesswoman Michele Kang has taken over as president of seven-time French champion Lyon after John Textor resigned following the club's relegation over financial irregularities.

·Cherokee County, United States
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kalkinemedia.com broke the news in on Sunday, June 29, 2025.
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