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Crystal Palace made history this year by qualifying for the Europa League after lifting the FA Cup. But their entry into the tournament is not guaranteed. UEFA is holding a key meeting today to decide whether Palace can take part, with the decision expected by evening. The issue revolves around multi-club ownership rules, which UEFA strictly enforces.
At the center of the debate is American businessman John Textor, who owns a 43% stake in Crystal Palace and also holds a significant share in French club Lyon. Both clubs have qualified for next season’s Europa League. UEFA rules prohibit two clubs under common ownership or influence from competing in the same tournament to protect sporting integrity.
Crystal Palace insists that Textor does not have controlling power at the club, suggesting the ownership stake alone shouldn’t disqualify them. But UEFA has been carefully reviewing the situation. Palace's Europa League status could hinge on whether UEFA determines Textor’s involvement constitutes a breach of their rules.
Meanwhile, Palace received a possible boost earlier this week when Lyon were reportedly relegated to Ligue 2 due to financial mismanagement. If true, Lyon may be ineligible for European football altogether, which could clear the path for Palace to participate without conflict.
A significant development emerged this Monday that may impact UEFA’s final decision. New York Jets owner Woody Johnson announced he has signed a legally binding contract to purchase John Textor’s 43% stake in Crystal Palace. The deal is said to be worth close to £190 million. This transaction could help dissolve any direct connection between Crystal Palace and Lyon, just in time for UEFA’s review.
If the deal is finalized and Textor no longer holds shares in the club, UEFA may rule that there is no breach of its multi-club ownership rule. Palace would then be cleared to compete in the Europa League without restrictions. However, the timing of the transaction and whether UEFA sees it as legally complete are still in question.
Adding to the uncertainty is Lyon’s precarious financial position. Reports this week suggest Lyon have been forcibly relegated from Ligue 1 to Ligue 2 due to fiscal instability. If this is confirmed, the French club may be barred from competing in Europe next season.
This twist could remove any conflict for Palace even if Textor still holds a stake. With one club unable to compete, the multi-club rule would no longer apply in this context.
UEFA’s final verdict today will have major implications for both Crystal Palace and the Europa League lineup. Palace fans are holding their breath, hoping their club’s first taste of European football isn’t taken away off the pitch
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