In an effort to achieve their sales objective, Lyon have placed the majority of their squad on the transfer market

French newspaper L’Equipe reported on Thursday that Olympique Lyonnais, a club in the Ligue 1, has placed the majority of their squad on the transfer market in an effort to achieve their financial sales target before the conclusion of the transfer window.

The newspaper reported that the management of OL has recently communicated that, in the future, nearly everyone is available for purchase, provided that the appropriate price is paid.

The players on the transfer roster were not disclosed by the club.
Before the transfer window concludes, the French team intends to raise 100 million euros ($111 million). According to L’Equipe, they were still in need of 75 million euros to achieve their objective.

They have spent 134 million euros in the past two months, which is more than any other club in France. Moussa Niakhate, a defender from Nottingham Forest, was acquired for a club-record 34 million euros in July.

Last month, Lyon guaranteed the financial authority of Ligue 1 that they would generate 100 million euros in sales this summer, thereby evading any additional constraints from the league’s financial overseer.

The club refinanced its debt by raising more than 300 million euros in December of the previous year.

Eagle Football Group, an investment holding company listed in Paris, is the owner of Lyon. The corporation also owns Botafogo in Brazil, RWD Molenbeek in Belgium, and Crystal Palace in England.

The firm is under the control of John Textor, an American businessman who has expressed interest in selling his stake in Palace in order to acquire Everton.

Lyon was unavailable for comment at the time.

($1 is equivalent to 0.9007 euros)