This morning, we woke as much as information that Michelle Kang, the proprietor of a number of girls’s soccer groups together with the Olympique Lyon girls’s crew and the Washington Spirit, is taking on as president of Olympique Lyonnais.
The males’s crew.
Kang has made her fortune and her repute working for Northrup Grumman and Rexahn Prescribed drugs and beginning Cognosante and Kynisca. It was via the latter, a sports activities science firm, that gave her contacts throughout the world of soccer, which she has leveraged into fairness and possession in each North America and Europe.
However Kang is strolling right into a tough state of affairs on the subject of Olympic Lyonnais’ funds. The crew, some 200 million kilos sterling in debt, has been gazing an immense penalty — the prospect of relegation to the lower-revenue ranks of Ligue 2 in France. That will have devastated the membership, which had its origins as an official crew way back to 1899.
Lyon’s males’s crew had been in final place in France’s League 1 in September 2023, however raised themselves to sixth place within the final two seasons below earlier possession. Whether or not OL will survive the choice of DNGC, the watchdog that screens the funds of French soccer groups, is but to be recognized. An attraction is scheduled for subsequent week.
Is per week sufficient time for Kang, as achieved and rich as she is, to have the ability to guarantee the powers-that-be in French soccer that her stewardship could make up for the errors of the earlier possession group?
It’s a tall order.
