Crystal Palace have been demoted from the Europa League to the Conference League by UEFA for a breach of multi-club ownership rules, European football’s governing body confirmed on Friday.<\/p>\n
US businessman John Textor owns a stake in the Eagles and is the majority owner of French club Lyon, who have also qualified for the Europa League.<\/p>\n
Under UEFA multi-club ownership rules, Lyon have been allowed to keep their place in the second-tier competition of European football as they finished higher in Ligue 1 (6th) than Palace (12th) in the Premier League last season.<\/p>\n
Palace qualified for European competition for the first time by winning the FA Cup in May – the club’s first ever major trophy.<\/p>\n
Textor has since agreed to sell his 43 percent stake in the London club to New York Jets owner Woody Johnson.<\/p>\n
However, that deal is yet to be completed and was struck well after UEFA’s deadline of March 1 for multi-club conflicts to be resolved.<\/p>\n
A decision on Palace’s fate had been delayed by a separate case that initially saw Lyon relegated to the second tier of French football due to financial problems.<\/p>\n
The seven-time French champions won an appeal against that decision on Wednesday after Textor stood aside from the day-to-day running of the club.<\/p>\n
Palace are expected to appeal the verdict to the Court of Arbitration for Sport.<\/p>\n
Nottingham Forest, who had qualified for the Conference League by finishing seventh in the Premier League last season, will replace Palace in the Europa League, a UEFA source told AFP.<\/p>\n
kca\/mw<\/p>\n
\u00a9 Agence France-Presse<\/p>\n","protected":false},"excerpt":{"rendered":"
Crystal Palace have been demoted from the Europa League to the Conference League by UEFA for a breach of multi-club ownership rules, European football’s governing body confirmed on Friday. US businessman John Textor owns a stake in the Eagles and is the majority owner of French club Lyon, who have also qualified for the Europa […]<\/p>\n","protected":false},"author":3,"featured_media":2402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"7","parallax":"1","fullscreen":"1","layout":"left-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"jnews_post_split":{"post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]},"footnotes":""},"categories":[78],"tags":[663,664,665,424,662,289,295,666],"class_list":["post-2401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-c3","tag-c4","tag-crystalpalace","tag-eng","tag-eur","tag-fbl","tag-fra","tag-lyon"],"_links":{"self":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/2401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/comments?post=2401"}],"version-history":[{"count":0,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/posts\/2401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media\/2402"}],"wp:attachment":[{"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/media?parent=2401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/categories?post=2401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.iq\/en\/wp-json\/wp\/v2\/tags?post=2401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}