A decision on whether Crystal Palace can compete in next season's Europa League has been delayed by Uefa. The Eagles' place, earned by winning the FA Cup last season, has been under threat because of Uefa's multi-club ownership rules, which prevents teams under the same ownership from competing in the same European competition. Co-owner John Textor, who also co-owns French club Lyon, has agreed to sell his 44% stake in Palace in a bid to help their case. A decision on Palace's participation had been expected on Monday. However, Lyon were demoted to Ligue 2 last week on account of their poor finances. The club are appealing against the decision but should they fail, they have agreed to relinquish their Europa League spot. Uefa has therefore opted to wait until the outcome of the appeal before making a decision on Palace's participation. More to follow.
Decision on Palace's Europa League fate delayed
TruthLens AI Suggested Headline:
"Uefa Delays Decision on Crystal Palace's Europa League Participation"
Bbc News
8.6
TruthLens AI Summary
Uefa has postponed its decision regarding Crystal Palace's eligibility to compete in the upcoming season's Europa League, a situation that has arisen due to the club's ownership structure. Crystal Palace secured their place in the Europa League by winning the FA Cup last season, but the club's co-owner, John Textor, also has a significant stake in French club Lyon. Uefa's regulations prevent teams with shared ownership from participating in the same European competition, putting Palace's spot in jeopardy. In an effort to resolve this issue, Textor has agreed to sell his 44% stake in Crystal Palace, which he hopes will strengthen their case for participation in the tournament. The anticipated announcement regarding their fate was expected on Monday, but developments surrounding Lyon's financial troubles have complicated matters further.
Last week, Lyon faced demotion to Ligue 2 due to financial difficulties, a situation that the club is currently appealing. If Lyon's appeal fails, they are prepared to forfeit their place in the Europa League, which would alleviate the conflict with Palace's ownership. Uefa has decided to delay any ruling on Palace's participation until the outcome of Lyon's appeal is determined. This decision reflects the complexities involved in ownership regulations within European football and highlights the precarious position of clubs navigating these rules. As the situation unfolds, both clubs are awaiting clarity on their futures in European competitions, with further updates expected soon.
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