Crystal Palace's participation in the upcoming Europa League has been postponed by Uefa as they navigate the complexities surrounding ownership regulations. Co-owner John Textor, who also owns a stake in French club Lyon, is selling his 44% share to potentially satisfy Uefa's multi-club ownership rules that prohibit direct competition. Initially, a decision was anticipated on Monday but is now delayed, waiting on Lyon's appeal against their relegation to Ligue 2 due to financial issues. The situation remains fluid as the resolution of Lyon's appeal could significantly impact Palace's European aspirations.
Uefa is delaying the decision on Crystal Palace's participation in next season's Europa League due to ownership rules, particularly due to co-owner John Textor's stake.
Co-owner John Textor plans to sell his 44% stake in Crystal Palace in order to resolve issues related to Uefa's multi-club ownership regulations.
The decision on Palace's European participation was set for Monday but is postponed until Uefa assesses the appeal regarding Lyon's demotion to Ligue 2.
Uefa is holding off on confirming Palace's Europa League place until they conclude Lyon's appeal, as Lyon's financial troubles pose complications for ownership rules.
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