UEFA has announced that it is postponing its assessment of the multi-club ownership case involving Crystal Palace and Lyon.
The Eagles were hopeful of learning their European fate on Monday after their maiden European campaign – secured after clinching their first major trophy last month – came under threat due to multi-club ownership rules.
Eagle Football Holdings – who have a 43 per cent stake in the club – are also the owners of Lyon. Outgoing major shareholder John Textor sought to address the issues by hastily selling his shares in the club.
But Lyon’s relegation to Ligue 2 for financial breaches and subsequent appeal to the Direction Nationale du Controle de Gestion (DNCG), the body responsible for overseeing the finances of French football clubs), has resulted in UEFA needing more time to decide on the matter.
A statement from the governing body read: ‘Finally, the CFCB First Chamber has decided to postpone its assessment of the multi-club ownership case involving Olympique Lyonnais and Crystal Palace.
‘This postponement relates to Olympique Lyonnais’ compliance with the settlement agreement concluded with the CFCB First Chamber for its breach of the financial sustainability requirements.
‘As part of this settlement, Olympique Lyonnais agreed on an exclusion from the 2025/26 UEFA club competitions should the French authority (DNCG) confirm the club’s relegation to Ligue 2.
Further details on this multi-club ownership case and this settlement agreement will be communicated in due course.’
