“FA Cup winners punished as Lyon’s financial chaos triggers seismic UEFA decision – Palace vow legal battle”
UEFA Rule 4.10: Why Palace Lost Their Europa League Spot
John Textor’s Ownership: The Lyon Conflict Explained
The gut-wrenching moment football’s rules betrayed sporting merit

South London erupts in outrage tonight as Crystal Palace – who etched their name in history by defeating Manchester City in last season’s FA Cup final – have been brutally stripped of their hard-earned Europa League place. In a decision that exposes the ugly complexities of modern football’s ownership web, UEFA has forcibly relocated the Eagles to the Europa Conference League, all because of an American businessman’s failed financial gamble 400 miles away in France.
The ownership time bomb that exploded

At the heart of this scandal lies John Textor, the Denver-based tech mogul whose 43% stake in Palace through Eagle Football Holdings became a noose around the club’s European ambitions. When his other asset, Olympique Lyonnais, miraculously escaped relegation from Ligue 1 last week via a controversial appeal, it triggered UEFA’s multi-club ownership protocols with devastating consequences.
“The cruelty is breathtaking,” fumed Palace fan group chairman Robert Sullivan outside Selhurst Park. “We beat Pep Guardiola’s City fair and square to earn Europe, while Lyon finished sixth in a farmers’ league drowning in €400m debt. Yet they’re rewarded and we’re punished?”
UEFA’s midnight ruling
Friday’s bombshell decision came after months of escalating tension:
- March 1: Textor misses UEFA’s ownership restructuring deadline
- May 17: Palace’s FA Cup triumph should have guaranteed Europa League football
- June 25: Lyon’s initial relegation offered Palace brief hope
- July 9: French court U-turn reinstates Lyon – and their European place

Despite Textor’s frantic July fire-sale of his Palace shares to New York Jets owner Woody Johnson, UEFA’s Club Financial Control Body ruled the transaction came “too late to protect competition integrity.”
The bitter irony
In a twist that rubs salt in Palace wounds, Nottingham Forest – whose owner Evangelos Marinakis similarly controls Greek giants Olympiakos – successfully navigated UEFA’s rules by temporarily placing shares in a blind trust. This contrast has sparked accusations of selective enforcement.
Palace’s nuclear option

Club chairman Steve Parish has already instructed lawyers to file an urgent appeal with the Court of Arbitration for Sport (CAS). “This isn’t just about one season – it’s about whether football rewards achievement or accountants,” a club insider told us.
By the numbers: The cost of demotion
- €5.2m: Estimated financial loss from Conference vs Europa League participation
- 3: Decades since Palace last played European football
- 11th hour: Textor’s ownership divestment came 131 days after UEFA’s deadline
What happens next?
- August 5: Europa League qualifying draw (Palace’s original entry point)
- August 12: CAS expected to hear emergency appeal
- September: Conference League group stage begins (if appeal fails)
As dusk falls over Selhurst Park tonight, a banner hangs from the Holmesdale End: “UEFA stole our dreams.” For a club that dared to slay giants, this feels less like regulation and more like robbery.