English Premier League club Crystal Palace qualified for the Europa League after beating Manchester City in the FA Cup final but the historic achievement is under threat due to UEFA’s multi-club ownership regulations.
UEFA prohibits individuals from holding influence over multiple clubs participating in its competitions simultaneously. This rule aims to maintain the integrity of European tournaments by preventing conflicts of interest.
Two major shareholders of Crystal Palace are at the centeyr of this issue:
John Textor: Holds a 45% stake in Crystal Palace and is the majority owner of Olympique Lyonnais, a French club that also qualified for the Europa League.
David Blitzer: Owns an 18% share in Crystal Palace and has significant holdings in Brøndby IF, a Danish club set to compete in the Europa Conference League.
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The simultaneous qualification of these clubs for European competitions has triggered UEFA’s scrutiny.
In an attempt to comply with UEFA regulations, Textor and Blitzer proposed transferring their shares in Crystal Palace to a blind trust, a strategy previously accepted by UEFA in similar situations.
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