The owner of "Lion" admitted financial mistakes

American entrepreneur and owner of the "Lion" football club, John Textor, commented on the club's financial difficulties and the decision by France's National Directorate of Control and Management (DNCG) to relegate the team to the second division. This was reported by Euro-football.ru.

In an interview, he acknowledged management errors and mentioned that there were challenges in adapting to the French financial system. According to John Textor, while the team performed well on the field, understanding and adapting to the financial system was not easy.

He admitted that, as an American investor, he faced difficulties in grasping all the nuances. Nevertheless, he emphasized that the club has stable financial foundations.

John Textor also stated that there is no lack of funds at the club and that necessary measures are being taken to stabilize the situation. It should be noted that the DNCG had previously announced its initial decision to relegate the "Lion" club due to non-compliance with financial requirements.

The club is planning to appeal this decision and is trying to provide additional documents to confirm its financial stability. This process is of significant importance for the club and is crucial for maintaining the team's position in the future.