Club face threat of demotion to Conference League
Textor also has majority stake in Ligue 1 side Lyon
John Textor has insisted that he didn’t have a decisive influence at Crystal Palace as the FA Cup winners await Uefa’s decision on whether they can compete in next season’s Europa League.
Palace are facing the threat of being demoted to the Conference League by European football’s governing body because the American businessman also owns a majority stake in Ligue 1 side Lyon, who have also qualified for the Europa League. The French club have successfully appealed against relegation to Ligue 2, with Uefa having delayed its ruling on Palace last week pending the outcome of Lyon’s appeal.
Uefa sources have indicated that its Club Financial Control Body (CFCB), which investigates alleged breaches of its multi-club ownership rules, is due to decide on Palace’s fate this week. Clubs are barred from competing in the same Uefa competition if an individual or ownership group is considered to have a decisive influence over more than one of those teams.
