Manchester United's Europa League Future in Limbo Due to Multi-Club Ownership Rules

UEFA's regulations on ownership influence require structural changes for United and Nice to both compete in the same competition next season.

Ineos, owner of stakes in both Manchester United and Nice, must satisfy UEFA's rules by Monday to avoid United's demotion.
UEFA's multi-club ownership rules prevent an individual or organization from controlling more than one club in the same competition.
If unresolved, United would drop to the Europa Conference League, having finished lower in their league than Nice.
Past cases show clubs have been allowed to compete after making significant governance changes.
Ineos is in direct dialogue with UEFA and believes a solution will be reached to allow both clubs to compete.