French Ligue 1 powerhouse Lyon have been provisionally relegated to Ligue 2 and slapped with a transfer ban due to escalating financial troubles.

Lyon have been handed a provisional relegation to Ligue 2, the second division of French football, and will observe a transfer ban following an audit of their finances. The Direction Nationale du Controle de Gestion (DNCG,

French club Olympique Lyonnais cannot make any signings in the January transfer window and will be relegated from Ligue 1 at the end of the season if they are unable to address financial mismanagement.

Olympique Lyonnais have been handed a provisional Ligue 1 relegation by the DNCG, who oversee the finances of clubs in France, the LFP have confirmed.

French giants Olympique Lyonnais will be sweating after being handed a provisional relegation to Ligue 2.An official statement from the French football authority DNCG released on Friday said the

Olympique Lyonnais have been handed a provisional Ligue 1 relegation, as well as a transfer ban due to their financial situation. According to a report from L’Equipe, the club were due to appear before France’s financial watchdog, the DNCG, on Friday morning to discuss the future of its operations.

Due to financial mismanagement, Olympique Lyon could be relegated to Ligue 2 at the end of the season if they fail to pay off their debts after a sanction from the Direction Nationale du Controle de Gestion (DNCG).

Olympique Lyonnais have been handed a provisional relegation and transfer ban due to their current financial woes.