BusinessStandard
UEFA demoted Crystal Palace to the third-tier Conference League on Friday because of the English cup winner’s ownership ties to French club Lyon through American businessman John Textor.
Textor’s 43% minority stake in Palace even though he had limited decision-making influence there while he owned Lyon outright…
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Crystal Palace demoted from Europa League because of ownership ties to Lyon
Alejandro Grumbles
05:23
UEFA demoted Crystal Palace to the third-tier Conference League on Friday because of the English cup winner’s ownership ties to French club Lyon through American businessman John Textor. Textor’s 43% minority stake in Palace even though he had limited decision-making influence there while he owned Lyon outright…
