Club refer in statement to ‘poorly conceived regulations’
They claim some clubs have ‘unique privilege and power’
Crystal Palace have called on Uefa to scrap its “poorly conceived” rules on multiclub ownership (MCO) and questioned whether they received a fair hearing at the court of arbitration of sport after their appeal against demotion from the Europa League was rejected.
Cas confirmed on Monday it had upheld Uefa’s decision to demote the FA Cup winners to the Conference League after it decided John Textor held shares and had a decisive influence in Palace and Lyon, who also qualified for the Europa League. Textor has since sold his 44.9% stake in the south London club to his fellow US businessman Woody Johnson.
Palace, who are expected to miss out on up to £20m in extra revenue as a result, confirmed in a strongly worded statement on Tuesday they would take up their place in the Conference League – in which they will face Norway’s Fredrikstad or Midtjylland of Denmark in a playoff this month – as they continue to take legal advice on whether to make a claim against Uefa for compensation.
