Crystal Palace dropped to UEFA's Conference League in multi-club ownership case
Premier League side Crystal Palace have been dropped in European competition to the third-tier Conference League in a multi-club ownership case, while Olympique Lyonnais will be allowed to play in the Europa League, UEFA said on Friday.
The Eagle Football Group are majority owners of Lyon while its chairman John Textor also owns a controlling stake in Palace.
Palace had qualified for the Europa League by winning the FA Cup last season, while Lyon reached the competition by finishing sixth in Ligue 1.
A move to relegate them to France's domestic second-tier Ligue 2 over their poor finances was overturned on Wednesday, a decision UEFA's Club Financial Control Body (CFCB) had been waiting for before ruling on the multi-club ownership case.
"Consequently, the CFCB First Chamber pursued the assessment of the documentation submitted by Olympique Lyonnais and Crystal Palace and concluded that the clubs breached, as at 1 March 2025, the multi-club ownership criteria," UEFA said in a statement.
As both Lyon and Palace had qualified for the Europa League, the French club were allowed to keep their place as they finished higher in their respective league, with Palace finishing 12th in the Premier League.
Palace can still appeal the decision at the Court of Arbitration for Sport.
Palace said last month that New York Jets co-owner Robert Wood "Woody" Johnson had signed a legally binding agreement to buy Eagle Football Holding's stake in the Premier League club, subject to approval from the Premier League.
However, Palace had missed the March deadline to comply with the multi-club ownership rules.
The rules say no club may hold or deal in securities or shares of any other club participating in UEFA's competitions and that no club can be a member of any other club participating in UEFA competitions.
Furthermore, no one person has the power to be simultaneously involved in management, administration and/or sporting performance of any club and they must not have any control or decisive influence over more than one club. REUTERS
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