Crystal Palace has had a new blow in their hope to play Europa League football next season, in which Lyon’s relegation of Ligue 1 was destroyed on appeal.
Palace earned a Europa League place by winning the FA Cup, but is confronted with the threat of removal from the competition because the departing co-owner John Textor also owns a majority stake in Lyon. UEFA rules prohibit individual or legal entities that have control or influence more than one club participating in the same competition.
Textor, who owns 77 percent of the French side Lyon, recently sold his 42.9 percent share in Palace to New York Jets -owner Woody Johnson in a deal that is thought to be worth nearly £ 190 million, to try to help the case that he has no “decisive influence on the club.
The Eagles had received a clear postponement when Lyon was exiled to Ligue 2 due to financial problems due to the financial regulator of French football, the DNCG. Lyon is given priority at Palace for the Europa League place by ending higher in their domestic competition, no longer something after relegation.
But that relegation has now been destroyed on appeal, with Lyon restored to Ligue 1 and the French football federation that imposes a framework for the wage account and transfer costs in the proposed Ligue 1 budget of the Club 2025/2026.
A statement on behalf of Lyon was: “Olympique Lyonnais welcomes today’s decision that restores our position in Ligue 1 and is grateful that the Appeal Commission recognizes the ambition of the new management of the club to guarantee a professionalized administration of its affairs.
“The new management, helped by the dedication and dedication of our shareholders and lenders, is extremely grateful for all the support it received from inside and outside the club, including fans, employees, players, partners and chosen officials.
“Today’s decision is the first step in repairing confidence in Olympique Lyonnais and we are now giving our focus on creating success on the field, ready for next season.”
In addition to the sale of his interest in Crystal Palace, Textor also went as president and board member of Lyon, although both movements came after the deadline of 1 March that teams should meet to comply with the rules of the Multi-Club owned by UEFA.
Ladies football Mogul Michele Kang, who owns Lyon’s women’s team, Ol Lyonnes, has been named President of Olympique Lyonnais, to replace Textor.
The place of Palace in the Europa League is now in balance with UEFA who has waited for the outcome of Lyon’s relegation -before he made a statement.
If UEFA rules against Palace, this may mean that they are relegated to the Europa Conference League, in which Nottingham Forest occupies their place in the Europa League.
In all likelihood, the Eagles would start a legal challenge to forbid every decision to ban them from the Europa League from the Europa League next season, which means that the situation still has a way to run.
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