Overview

• UEFA’s Club Financial Control Body determined that John Textor’s stakes in both Lyon (77%) and Crystal Palace (43.9%) exceeded the 30% threshold, triggering Palace’s demotion.
• Palace must enter Europa Conference League qualifying rounds instead of securing a Europa League group stage berth, forfeiting higher prize money and visibility.
• Textor’s planned sale of his Palace stake to Woody Johnson was not completed by UEFA’s March 1 compliance deadline.
• Crystal Palace intend to appeal the CFCB ruling at the Court of Arbitration for Sport, following precedents set by other clubs under tightened ownership rules.
• Nottingham Forest stand to be promoted into the Europa League if Palace’s appeal to CAS is unsuccessful.