Crystal Palace's French defender #05 Maxence Lacroix (C) celebrates with teammates after the English FA Cup final football match between Crystal Palace and Manchester City at Wembley stadium in London, on May 17, 2025. Palace won the match 1-0. (Photo by Adrian Dennis / 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.