In Video: Explained: Why Forest have voiced concerns over Palace's Europa League spot to UEFA
UEFA Investigates Crystal Palace’s Multi-Club Ownership
In a shocking turn of events, UEFA is reviewing Crystal Palace’s ownership structure after the club won the FA Cup, potentially violating UEFA’s multi-club ownership rules. The investigation stems from American businessman John Texter’s ownership of a share in Crystal Palace and Lyon, both of which are competing in the Europa League.
The Background
Texter, who owns a share of Eagle Football Holdings, is in a precarious situation. As the deadline of March 1st passed, he failed to resolve the ownership structure, and now UEFA is scrutinizing whether Crystal Palace can participate in the Europa League. Texter’s involvement with both clubs creates a conflict, as UEFA’s regulations prohibit a single individual or entity from having decisive influence over two clubs competing in the same competition.
The Ramifications
The uncertainty surrounding Crystal Palace’s participation in the Europa League has significant implications for Nottingham Forest, who were relegated to the Conference League and are now questioning the fairness of the situation. Forest finished seventh in the Premier League, yet Crystal Palace, who finished 12th, have qualified for the more lucrative Europa League. Nottingham Forest has expressed its concerns to UEFA, highlighting the need for consistency and transparency in the regulations.
The Potential Solution
Texter is willing to resign as a director of Crystal Palace to ensure the club’s participation in the Europa League. Additionally, he is in talks to sell Eagle Football Holdings, which owns shares in both Crystal Palace and Lyon. If the sale goes through, the new owners of Eagle Football Holdings could potentially resolve the issue by reorganizing the ownership structure.
The Waiting Game
The outcome of the investigation is expected by the end of the month. While the situation remains uncertain, Nottingham Forest’s concerns have sparked a debate about the need for clear regulations and transparency in multi-club ownership. As the football world waits with bated breath for the decision, one thing is certain: the drama surrounding Crystal Palace’s ownership structure is far from over.