According to a report, Liverpool and Chelsea have bid €20million for Lyon forward Rayan Cherki. Over recent days, the media have reported that the French club have run into financial difficulties and could face relegation from Ligue 1 if they are not able to improve the situation before the end of the season.

The decision from the DNCG to sanction Olympique Lyonnais with a provisional relegation has set clubs across Europe on high alert with a number of Les Gones players thought to be on the market in the

L'Équipe says Liverpool are renewing their interest in Cherki and have made an enquiry. Paris Saint-Germain may also make another attempt as transfers adviser Luís Campos is a big fan. Cherki is said to dream of playing for Real Madrid, but such a transfer isn't realistic. Instead, Liverpool and PSG offer the midfielder potential destinations.

Lyon president John Textor has provided the latest update on Liverpool transfer target Rayan Cherki as the Ligue 1 side battle to avoid being forcibly relegated

Lyon are one of the most storied clubs in France but are currently in the midst of a financial crisis. The club - owned by John Textor - must comply by strict spending limits imposed by the French

Olympique Lyon are asking for at least €30 million to sell Rayan Cherki, according to French media. The Ligue 1 giants are set for a firesale in 2025. Sanctioned by France's financial watchdog over more than €500 million in debts,

Liverpool have previously been linked with a move for Lyon star Ryan Cherki in the past and according to L’Equipe, the Reds have enquired about the playmaker. T