UEFA has postponed its decision regarding the multi-club ownership case involving Olympique Lyonnais and Crystal Palace until Lyon’s relegation status is officially determined, the European football governing body announced on Monday.
Under UEFA regulations, clubs with shared ownership are not permitted to compete in the same European competition. American businessman John Textor holds stakes in both Crystal Palace and Lyon, raising concerns over eligibility.
Crystal Palace secured a place in the upcoming Europa League by winning the FA Cup last season, while Lyon also qualified for the tournament after finishing sixth in Ligue 1. However, the French club has since been relegated to Ligue 2 by the French football financial watchdog, the DNCG, due to financial irregularities.
Lyon is currently appealing the DNCG’s decision, which followed a comprehensive financial audit. UEFA’s Club Financial Control Body will await the outcome of this appeal before delivering its verdict on the ownership conflict.
As part of a previous settlement agreement with UEFA regarding financial sustainability breaches, Lyon accepted a potential ban from European competition if their relegation is upheld by the DNCG.
This situation comes shortly after League of Ireland side Drogheda United lost an appeal to the Court of Arbitration for Sport over their exclusion from the UEFA Conference League due to similar multi-club ownership violations.
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