UEFA delayed its choice about Crystal Palace playing Europa League next season. The delay stems from problems with who controls the English club. Palace earned their spot after winning the FA Cup tournament. However, they might not play because of ownership rules.
American businessman John Textor controls both Crystal Palace and French club Lyon. European football rules stop one person from having two teams compete against each other. Lyon placed sixth during their league season but faces relegation for breaking money rules. This situation makes the ownership problem more complex.
UEFA released a statement explaining the delay. The organization wants to see what happens with Lyon's earlier agreement about financial problems. That deal could ban Lyon from European tournaments if they drop to the lower division. UEFA promised to share more details about both the ownership issue and Lyon's money troubles.
Textor plans to sell his Crystal Palace shares soon. He recently stepped down from his role on Lyon's leadership board. These moves might help solve the ownership conflict that threatens Palace's European dreams.
American businessman John Textor controls both Crystal Palace and French club Lyon. European football rules stop one person from having two teams compete against each other. Lyon placed sixth during their league season but faces relegation for breaking money rules. This situation makes the ownership problem more complex.
UEFA released a statement explaining the delay. The organization wants to see what happens with Lyon's earlier agreement about financial problems. That deal could ban Lyon from European tournaments if they drop to the lower division. UEFA promised to share more details about both the ownership issue and Lyon's money troubles.
Textor plans to sell his Crystal Palace shares soon. He recently stepped down from his role on Lyon's leadership board. These moves might help solve the ownership conflict that threatens Palace's European dreams.
