Crystal Palace's Europa League Fate Hinges on Ownership Battle
Crystal Palace's Europa League future is uncertain due to ownership links between their owner, John Textor, and French club Lyon. UEFA is examining rules on multi-club ownership. Palace's involvement depends on Lyon's financial issues and any potential relegation, with outcomes possibly contested at the Court of Arbitration for Sport.
- Country:
- Switzerland
Crystal Palace's participation in the upcoming Europa League is in jeopardy after UEFA deferred a decision regarding the ownership ties between the FA Cup winners and French club Lyon.
Both clubs secured Europa League spots on merit, but their ownership connection, linked through American businessman John Textor, has drawn UEFA scrutiny for potential violation of multi-club ownership rules. Under these regulations, teams with shared owners or decision-makers risk exclusion.
Textor's 43% stake in Palace is set to be sold to Woody Johnson. The case's complexity could resolve in Palace's favor if Lyon faces relegation due to financial turmoil, bringing a European appearance to Palace for the first time. A final ruling could be appealed to the Court of Arbitration for Sport, impacting other clubs like Nottingham Forest vying for European spots.
(With inputs from agencies.)
- READ MORE ON:
- Crystal Palace
- Europa League
- UEFA
- John Textor
- Lyon
- ownership
- multi-club
- football
- sports
- competition
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