Decision on Palace’s Europa League fate delayed

Uefa has delayed making a decision regarding Crystal Palace’s ability to compete in the Europa League next season.

Due to Uefa’s multi-club ownership regulations, which prevent teams with the same ownership from competing in the same European competition, the Eagles’ position, which was earned by winning the FA Cup last year, has been threatened.

In an effort to advance their cause, co-owner John Textor, who also co-owns French club Lyon, has agreed to sell his 44% stake in Palace.

On Monday, it was anticipated that Palace’s participation would be decided.

The French football authorities, however, last week deducted Lyon because of their lack of money. They were then demoted to Ligue 2.

The club has agreed to give up its Europa League spot if the decision is reversed, but the club is appealing.

Therefore, Uefa did not intend to decide whether Palace should play. It is now up to the appeal’s outcome.

Lyon’s appeal is not known for how long, with Uefa stating that more details will be revealed in due course.

Due to the ownership of the Irish Premier Division club Drogheda United, which also owns Danish outfit Silkeborg, Uefa kicked off the conference league in June.

In the event that Palace is given a spot in the competition, they will advance to the group stage, which will begin in September. On August 29th, the group phase draw will be held.

Woody Johnson, the owner of the New York Jets, is reportedly selling Textor’s stake in Palace.

The 59-year-old American left his position as Lyon’s leader on Monday after making the decision to step down from the club’s 77% ownership.

Textor’s Eagle Football Group announced £422 million in debt at Lyon in October.