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Crystal Palace Demoted From Europa League To Conference League: UEFA
(MENAFN- The Peninsula)
AFP
London: 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 League.
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.
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