May 20, 2019 / 7:21 AM / 7 months ago

Lyon shares rise after club gets Champions League spot

FILE PHOTO: Soccer Football - Ligue 1 - Olympique Lyonnais v Caen - Groupama Stadium, Lyon, France - May 18, 2019 Lyon's Memphis Depay celebrates scoring their fourth goal REUTERS/Emmanuel Foudrot

PARIS (Reuters) - Olympique Lyonnais’ shares rose on Monday after the French soccer club clinched a spot in next season’s top-flight European Champions League tournament, following Lyon’s 4-0 thrashing of Caen in Ligue 1 over the weekend.

Lyon’s shares rose 0.7 percent in early session trading, with the stock up by around 10 percent so far in 2019.

Dutchman Memphis Depay struck twice in Lyon’s win over Caen on Saturday, which put third-placed Lyon on 69 points, four above fourth-placed St Etienne, who secured a Europa League berth with a 3-0 win over Nice.

Reporting by Sudip Kar-Gupta; Editing by Toby Chopra

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