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    Home > Headlines > Michele Kang appointed president of Olympique Lyonnais
    Headlines

    Michele Kang appointed president of Olympique Lyonnais

    Published by Global Banking & Finance Review®

    Posted on June 30, 2025

    1 min read

    Last updated: January 23, 2026

    Michele Kang appointed president of Olympique Lyonnais - Headlines news and analysis from Global Banking & Finance Review
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    Tags:AppointmentPresidentfinancial managementcorporate governance

    Quick Summary

    Michele Kang is appointed president of Olympique Lyonnais as the club faces financial challenges and relegation to Ligue 2.

    Michele Kang appointed president of Olympique Lyonnais

    (Reuters) -Eagle Football Group, the holding company behind Olympique Lyonnais, has appointed women's football mogul Michele Kang as the president of the financially struggling French club, it said on Monday.

    Kang, who owns Lyon's women's soccer team OL Lyonnes, will also be the CEO of Eagle Football Group, replacing U.S. businessman John Textor.

    Olympique Lyonnais have been relegated to Ligue 2 following an audit of its finances, which the club said it would appeal.

    "We are entering a critical moment for OL," Kang said in a statement.

    Eagle Football Group also said it had named the group's chief sports officer, Michael Gerlinger, as the director general of Olympique Lyonnais.

    (Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak)

    Key Takeaways

    • •Michele Kang appointed president of Olympique Lyonnais.
    • •Kang replaces John Textor as CEO of Eagle Football Group.
    • •Olympique Lyonnais relegated to Ligue 2 due to financial issues.
    • •Club plans to appeal the relegation decision.
    • •Michael Gerlinger named director general of the club.

    Frequently Asked Questions about Michele Kang appointed president of Olympique Lyonnais

    1Who has been appointed as the president of Olympique Lyonnais?

    Michele Kang has been appointed as the president of Olympique Lyonnais.

    2What position does Michele Kang hold in Eagle Football Group?

    Michele Kang will also serve as the CEO of Eagle Football Group.

    3Why was Olympique Lyonnais relegated?

    Olympique Lyonnais was relegated to Ligue 2 following an audit of its finances.

    4Who is replacing John Textor as CEO?

    Michele Kang is replacing U.S. businessman John Textor as CEO of Eagle Football Group.

    5What critical moment is Olympique Lyonnais facing?

    Michele Kang stated that the club is entering a critical moment for OL.

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