French club Lyon will be demoted to Ligue 2 at the end of the season if they do not improve their finances, and will be banned from signing players in January.

American businessman John Textor's team Lyon have been provisionally relegated to Ligue 2 and imposed a transfer ban for the upcoming window due to its failure to achieve financial sustainability.

French football giants Lyon, one of Ligue 1's most storied clubs, are under severe financial scrutiny and face relegation to Ligue 2