Lyon’s American owner John Textor has insisted there is “no chance” the French side will be relegated from Ligue 1. Textor spoke for two hours at a hastily arranged press conference on Saturday in response to Friday’s decision to provisionally relegate the seven-time French champions to Ligue 2.

The American billionaire was open in his interest to buy Everton, but is currently dealing with huge financial problems at Lyon

Lyon owner John Textor has hit out at the club's "enemies" amid the French side facing relegation from Ligue 1 due to financial problems.