Matt Turner left in transfer limbo as Lyon hire lawyers to cancel USMNT goalkeeper's Lyon transfer negotiated by John Textor

Under their new management, Lyon are looking to void several of former investor John Textor’s pre-agreed deals, including Turner’s move from Forest. According to L’Equipe, Lyon have hired lawyers to terminate the €8 million (£7m/$9m) deal in order to comply with financial regulations set by the French football watchdog the National Directorate of Management Control (DNCG). Lyon argue that the Turner deal would go against their plans for smart, low-cost investment in players.

Lyon were initially relegated to Ligue 2 by the DNCG due to financial irregularities but reinstated on appeal. Since then, the club have focused on financial stability, highlighted by the departures of Alexandre Lacazette and Rayan Cherki. Lyon now believe the €8m fee for Turner is excessive for a backup goalkeeper and inconsistent with their new financial approach.

Lyon’s reinstatement to Ligue 1 has had major implications for Crystal Palace, as both clubs were owned by Textor through Eagle Football Holdings. UEFA’s multi-club ownership rules came into play, resulting in Crystal Palace being demoted to the UEFA Conference League, despite securing automatic qualification for the Europa League by winning the FA Cup.

Turner will be hoping Lyon and Forest can quickly reach an agreement, giving him clarity on his future. Meanwhile, Lyon’s priority remains stabilising their finances to avoid sliding back into trouble and risking further trouble with the authorities.