Lyon's iconic president Jean-Michel Aulas is stepping down after nearly 36 years in charge of the French football club, handing over duties to American investor John Textor, who became the main shareholder last year.
Lyon won seven league titles under Aulas' tenure, while the women's team established itself as a major European force. The 74-year-old Aulas was initially set to remain in his position for three more years following Textor's takeover in December. But the club issued a statement Monday saying he will instead serve as honorary chairman from now on, with Textor appointed as chief executive officer of OL Group.
