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Kang Replaces Textor at OL with Palace's Fate Remaining Uncertain - Inside World Football
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10 Articles
For more than a week now, the sky has fallen on the head of OL. While financial difficulties have been surrounding the news of Lyon's club for many months, the DNCG has decided to act and sanction it with a demotion in League 2. Since then, the Rhodan staff has undergone some changes: John Textor has left his place in Michele Kang as new president, while Michael Gerlinger has been appointed as general manager. With a unique and common goal, savi…
Relegated administratively by the DNCG despite its continued sporty, FC Balagne will play in National 3 next season. The decision was confirmed on appeal on 1 July, causing the club to "take note" of the decision, yet author of an honorable season in National 2 and recent winner of the Cup of Corsica. The DNCG, the financial gendarme of French football, confirmed on appeal on 1 July the administrative demotion in National 3 of FC Balagne. This, …
Few were really surprised by the French Football Federation's decision to relegate Lyon to Ligue 2 due to serious financial problems, but what happened a few days later certainly was.
No last-minute rescue. A new head adds to the DNCG's hunting table: the club...
Kang replaces Textor at OL with Palace's fate remaining uncertain - Inside World Football
July 1 – Michelle Kang has taken over at troubled French club Olympique Lyonnais, which under the ownership of John Textor has been relegated to Ligue 2 on a provisional basis by domestic financial watchdog the DNCG over financial irregularities. The club announced the news on Monday. Textor has stepped down with the American businesswoman taking over as the president of the seven-time French champions. South-Korea-born Kang has served on Lyon…
The time for the great change has come at Olympique Lyonnais! Relegated to Ligue 2 by the DNCG, pending the final decision of the appeal, the Rhodanian club now chaired by Michele Kang will take a lot of steps to get out of this situation. In its edition of the day, the team announces that with the aim of making savings, Michele Wang would have commissioned Chris Mallon, specialist in corporate restructuring, in order to find lasting solutions t…
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