Eagle Soccer Group, the holding company after Lyon, has appointed female soccer mogul Michele Kang as the president of the financially struggling French club, it said on Monday.
Kang, who owns Lyon's female soccer squad OL Lyonnes, will also be the CEO of Eagle Soccer Group, replacing US businessman John Textor.
Lyon have been relegated to Ligue 2 following an audit of its finances, which the club said it would appeal.
Eagle Soccer Group also said it had named the group's chief sports officer, Michael Gerlinger, as the director general of Olympique Lyonnais.
