UEFA have delayed the ruling over Crystal Palace's participation in next season's Europa League. The FA Cup winners are at risk of missing out their first ever European campaign due to UEFA's multi-club ownership rules.
The issues lies with John Textor's involvement at Selhurst Park. The US businessman owned 43 per cent of Palace at the time of their magnificent FA Cup final victory over Manchester City in May which earned them a place in the 2025-26 Europa League.
Textor, however, owns a majority share of French giants Lyon, who are also due to compete in the competition following their sixth-place finish in Ligue 1 - and subsequent relegation to the second tier due to their poor financial state. That presented UEFA with a potential breach of its rules.
Despite selling his stake in Palace to New York Jets owner Woody Johnson last week, the probe is ongoing and there isn't a confirmed date for a conclusion. Meanwhile, Irish side Drogheda and Slovakian club Dunajska Streda have both won't compete in the Conference League after UEFA concluded their respective investigations over the same breaches.
The European football governing body said of the Palace-Lyon case: "Finally, the CFCB First Chamber has decided to postpone its assessment of the multi-club ownership case involving Olympique Lyonnais and Crystal Palace.
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"This postponement relates to Olympique Lyonnais' compliance with the settlement agreement concluded with the CFCB First Chamber for its breach of the financial sustainability requirements. As part of this settlement, Olympique Lyonnais agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority (DNCG) confirm the club's relegation to Ligue 2.
"Further details on this multi-club ownership case and this settlement agreement will be communicated in due course."
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Textor, 59, flew to Switzerland earlier this month for crunch talks with UEFA. He's now no longer on the Palace board, as a statement read: "The club have issued a statement that reads: "Crystal Palace Football Club can confirm that Robert Wood Johnson, 'Woody', an American businessman and co-owner of the New York Jets, has signed a legally binding contract to purchase Eagle Football's holding in the Club.
"Whilst the completion is pending approval from the Premier League and Women's Super League, we do not envisage any issues and look forward to welcoming Woody as a partner and director of the club. We would like to go on record to thank John Textor for his contribution over the past four years and wish him every success for the future."
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