UEFA postpone decision on Crystal Palace participation in Europa League

The London club earned a spot in the tournament after winning the FA Cup, but their place is under threat due to Palace owner John Textor's ownership stake in Lyon.

The American businessman owns approximately 43% of Palace through his Eagle Holdings group and is the club's largest shareholder; however, he only holds 25% of the voting rights on the board of directors, the same as the other major investors.

UEFA regulations prohibit two clubs with the same owner from participating in the same competition, with the higher-ranked team taking precedence, as reported by Sportal.

Lyon finished sixth in Ligue 1 last season but was recently relegated to Ligue 2 due to financial irregularities. The club has appealed the sanction to the National Directorate of Control and Management (DNCG).

If successful, Lyon would be eligible to participate in European competitions. This appeal is the reason UEFA has delayed its decision on Palace's eligibility, which was expected today.

Lyon has already reached an agreement with UEFA's Club Financial Control Body. The agreement stipulates that if the appeal is unsuccessful and Lyon's relegation is confirmed, the club will withdraw from European competitions.

However, if the French authority (DNCG) upholds Lyon's appeal, UEFA will then need to make a decision regarding Crystal Palace's participation.