Financial Report: Lyon expect current season to result in loss but are confident transfer market will return to normal by next summer
7 October 2020
The club will continue to "invest significantly" in player assets despite not competing in Europe this season which will result in a heavy loss.
For the 2019/20 financial year, Lyon's turnover fell by €40.2 million but EBTIDA remained positive.
An analyst expects the ongoing season to be tough but is positive that the club have reiterated their long-term targets.
The 2019/20 season could have been historic for Lyon had Ligue 1 not been cancelled, leaving them without a spot in European tournaments for the current season for the first time in 23 years.
That is the key finding in the club's just released financial report for last season, which revealed turnover dropped by 18 per cent to €180.7 million, resulting in a pre-tax loss of €36.5 million down from a profit of €6.2 million.
Do you want to read this article?
Get instant access by signing up for a 7-day free trial
No credit card, no commitments and it will expire automatically.
You will receive a link that activates your trial in an email.