
Nottingham Forest send in legal team to fight Crystal Palace's Europa League appeal as battle over UEFA multi-club ownership ruling heads to court
Mail Sport understands that officials at the City Ground have decided to send legal counsel to Switzerland, where the high-stakes hearing is due to take place next week at the Court of Arbitration for Sport.
While not unprecedented, the move may well hint at how seriously those at Forest are taking the matter. They say they are responding 'accordingly'.
FA Cup winners Palace were due to play in the Europa League following their victory at Wembley over Manchester City.
However, UEFA ruled that they had breached the organisation's rules on multi-club ownership and their spot was instead handed to Forest, who had been in the Europa Conference League after finishing seventh in the Premier League.
Palace were removed from the Europa League because of the presence in the same competition of French side Lyon, who were owned by US businessman John Textor.
Textor's Eagle Football Holdings held a 43 per cent stake in Palace and a UEFA panel ruled that the situation had broken their rules. As a result, Palace effectively swapped places with Forest and were 'demoted' to the Conference League.
Palace are appealing against UEFA, Forest and Lyon. They want to be reinstated into the competition and for either Forest or Lyon to be kicked out.
It is understood that a key part of Palace's argument is their belief that Forest were given extra time beyond UEFA's March 1 deadline to address their own multi-club ownership issues.
At one stage, when it appeared that both Forest and Greek side Olympiakos - who also owned by Evangelos Marinakis - could qualify for the Champions League.
Marinakis effectively placed Forest into a blind trust in an attempt to navigate the rules, but documents lodged at Companies House show that the move was made on April 29.
As Mail Sport reported earlier Palace, who were held to the March 1 deadline, will demand full disclosure of what they believe are bombshell documents and texts between UEFA and Forest which they believe could 'prove' double standards have been at play.
Given Forest's view that they met deadlines in good time, Eagles officials believe there should be no issue in handing the documents over.
As things transpired, Forest failed to qualify for the Champions League and Marinakis was promptly reinstated as a 'person with significant control' of NF Football Investments Ltd, the vehicle that owns Forest, on June 6.
'Nottingham Forest has been formally named as a respondent in Crystal Palace's appeal to the Court of Arbitration for Sport (CAS) concerning a UEFA decision,' a Forest spokesperson said. 'As such, the club is required to participate in the proceedings and has instructed legal counsel accordingly.'
Aside from what they view as the differential treatment of Forest, Palace are also likely to again argue that Textor was not in a position of influence during his time at Selhurst Park.
The American has since sold the company's stake to compatriot Woody Johnson, but his share only granted him 25 per cent of voting rights, with chairman Steve Parish and co-owners David Blitzer and Josh Harris holding the other 75 per cent.
Given the latter two are believed to act as silent partners and entrust Parish with running the show, Palace will argue that Textor did not have the power to wield any influence.
CAS will expedite the case. The draw for the Conference League play-off, which Palace are currently due to be in, takes place next Monday.
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The Independent
2 minutes ago
- The Independent
FTSE 100 climbs as earnings cascade brings cheer
The FTSE 100 made strong progress on Tuesday, boosted by results from AstraZeneca and Barclays, but it was a gloomy day for investors in Novo Nordisk. Russ Mould, of AJ Bell, said: 'It's a busy week for corporate earnings in the UK and US, and investors have plenty of news to digest. The latest set of UK results was generally well-received.' The FTSE 100 index closed up 54.88 points, 0.6%, at 9,136.32. The index had earlier traded as high as 9,163.24. The FTSE 250 closed 158.73 points lower, 0.7%, at 21,793.07, and the AIM All-Share closed down 7.27 points, 0.9%, at 765.75. In London, investors weighed a barrage of earnings with shares of AstraZeneca, Barclays, Games Workshop and Entain moving higher, although Croda International struggled. Games Workshop led the way, up 5.4%, as it said pre-tax profit jumped 29% to £262.8 million in the financial year that ended June 1 from £203 million a year ago. The Nottingham, England-based fantasy game figurine maker and retailer said revenue rose 17% to £617.5 million from £525.7 million. Reflecting the strong earnings, the total dividend was £5.20, up 24% from £4.20 the year before. AstraZeneca, the largest FTSE 100 constituent, rose 3.4%. The Cambridge, England-based pharmaceuticals company said pre-tax profit jumped 30% to 3.13 billion dollars in the second quarter of 2025 from 2.4 billion dollars a year prior, or by 34% at constant currency. Revenue rose 12% to 14.46 billion dollars in the quarter from 12.94 billion dollars a year ago, or by 11% at constant currency, ahead of Visible Alpha's consensus of 14.31 billion dollars. Sales were driven by double-digit growth in Oncology and BioPharmaceuticals, with increases across all major geographic regions. Entain climbed 0.8% as it raised guidance at its BetMGM joint venture, while Barclays advanced 2.5% after well-received results and despite a lack of a guidance hike. Bank of America said Barclays printed a 'good' set of results, with underlying profit around 11% above consensus, driven primarily by higher income (particularly non-interest income) and lower impairments. But Croda International was down 10%. The speciality chemicals maker posted improved revenue for the first half, though impairments limited its bottom line. Croda's pre-tax profit in the first half of 2025 fell 19% to £85.5 million from £106.1 million, despite revenue improving 4.9% to £855.8 million from £815.9 million. Adjusted pre-tax profit rose 8.4%, however, to £138 million from £127.3 million. Revenue fell slightly short of the company-compiled consensus of £857 million. It beat on profit, however, as the adjusted pre-tax profit consensus stood at £136.6 million. The upbeat mood spread to Europe. The CAC 40 in Paris rose 0.7%, while the DAX 40 in Frankfurt advanced 1%. However, Denmark's Novo Nordisk plunged 23% as it lowered full-year sales and profit guidance, citing weaker-than-expected uptake of key weight-loss and diabetes treatments in the US. Novo Nordisk lowered its 2025 sales growth guidance to between 8% and 14%, down from 13% to 21%. It now expects operating profit growth of 10% to 16%, reduced from a previous range of 16% to 24%. The company blamed slower-than-expected Wegovy uptake in the US obesity market, compounded by ongoing sales of compounded GLP-1s, a more competitive landscape for Ozempic in the US, and lower-than-expected Wegovy penetration in select international markets. Analysts at Jefferies said the 2025 outlook cut suggests high single-digit percentage underlying profit forecast downgrades. In New York on Tuesday, the Dow Jones Industrial Average was down 0.3%, the S&P 500 was 0.1% lower, as was the Nasdaq Composite. A report from the Conference Board showed a slight pickup in consumer confidence, albeit from low levels, while another release showed a larger-than-expected drop in job openings. On Wednesday, the Federal Reserve is widely expected to leave interest rates unchanged. According to the CME FedWatch Tool, it is near-certain that the Fed will maintain rates at the 4.25%-4.5% range this week. The Fed held in each of the first four meetings this year. Its last cut was in December, a 25 basis points trim to the federal funds rate range. A fifth successive hold is in the offing during the final meeting before a summer break. A 'wait and see' approach will likely be the message from chairman Jerome Powell at the subsequent press conference, analysts at Morgan Stanley predict. 'We think chair Powell will remain balanced, acknowledging both upside risks to inflation and the projections for rate cuts later this year,' Morgan Stanley analysts said. Attention will focus on any dissent in the ranks of the Federal Open Market Committee, where Governors Michelle Bowman and Christopher Waller may back a rate cut. Meanwhile, Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time. Neither side has so far made public any information about what has gone on in the talks, which started on Monday. Joshua Mahony at Rostro said: 'There is an expectation that an extension to the tariff deadline with China will open a pathway for Xi Jinping and Donald Trump to meet in person, heightening hopes for an impending trade deal between the world's two largest economies.' The pound eased to 1.3337 dollars late on Tuesday afternoon in London, compared to 1.3403 dollars at the equities close on Monday. The euro traded at 1.1537 dollars, lower against 1.1620 dollars. Against the yen, the dollar was trading slightly lower at 148.38 yen compared to 148.45 yen. The yield on the US 10-year Treasury was at 4.35%, trimmed from 4.42%. The yield on the US 30-year Treasury was at 4.88% narrowed from 4.96%. On Wall Street, Merck was another drugs maker in the news with shares down 4.8% as it announced plans to save 3 billion dollars annually by the end of 2027, and tightened full-year guidance, as second quarter sales fell short of expectations. The Rahway, New Jersey-based pharmaceutical company said GAAP net income fell 19% to 4.43 billion dollars in the second quarter of 2025 from 5.46 billion dollars a year prior. Sales decreased 1.9% to 15.81 billion dollars from 16.11 billion dollars a year ago, missing LSEG consensus of 15.89 billion dollars. Sales of human papillomavirus drug, Gardasil, slumped 55% to 1.13 billion dollars due to lower demand in China. Brent oil was quoted higher at 70.74 dollars a barrel in London on Tuesday, up from 69.65 dollars late on Monday. Gold rose to 3,327.45 dollars an ounce against 3,314.26 dollars. The biggest risers on the FTSE 100 were Games Workshop, up 830p at 16,090p; AstraZeneca, up 368p at 11,158p; Endeavour Mining, up 66p at 2,332p; Barclays, up 10p at 371.2p; and Rolls-Royce, up 24.6p at 1,006p. The biggest fallers on the FTSE 100 were Croda International, down 301p at 2,598p; Rentokil Initial, down 12.9p at 348.1p; Glencore, down 10.8p at 305.9p; Unite Group, down 21.5p at 764.5p; and Whitbread, down 86p at 3,108p. Wednesday's local corporate calendar has half-year results from defence manufacturer BAE Systems, Asia-focused lender HSBC, pharmaceuticals firm GSK, miners Rio Tinto and Glencore and housebuilder Taylor Wimpey. The global economic calendar on Wednesday sees interest rate decisions in the US and Canada, and US economic growth figures.


Metro
32 minutes ago
- Metro
'What is Sarina doing?' - Wright 'baffled' by Wiegman call in Euro 2025 final
Ian Wright says he 'couldn't believe' Alessia Russo was taken off after scoring against Spain and feels Sarina Wiegman was 'very fortunate' to avoid a backlash as England went on to win the Euro 2025 final on penalties. For the third match on the bounce, the Lionesses were forced to come from behind after conceding to a Mariona Caldentey header midway through the first half in Basel. Just as they had done against both Sweden and Italy, the holders dug deep and managed to wrestle the momentum back in their favour, with Russo reacting brilliantly to nod home Chloe Kelly's pinpoint cross and level in the 57th minute. The two teams could not be separated after extra-time and it was England who eventually prevailed after another nerve-jangling shootout, with Kelly scoring the decisive spot-kick to seal a famous 3-1 win over the world champions. The Lionesses' latest triumph – which came at the end of a rollercoaster campaign – marked the first time in history that an English team had won a major tournament on foreign soil. It also further cemented Wiegman's legendary status as an international head coach. The 55-year-old first lifted the trophy with the Netherlands in 2017 before steering England to back-to-back titles over the last three years. Dissecting the final on the Crossways podcast, Wright was somewhat reluctant to criticise Wiegman considering just how far England had come since she took over the reins from Phil Neville. However, the iconic ex-Arsenal striker believes there were a couple of key decisions which could easily have gone against the England boss on another day. 'I've got to say, the Russo substitution is the most baffling thing I'll ever see if she's not injured. I could not believe it,' Wright said. 'Michelle [Agyemang] came on and, obviously, she's amazing, Young Player of the Tournament, only coming off the bench and doing enough to win, that was amazing on her part. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 'But I think she [Agyemang] needs Russo on there with her in this time. 'They would have caused Spain so many problems because Russo would have dropped off, she would have been in the box. 'What is Sarina doing taking her off?! What's she doing taking her off?! I couldn't believe it.' According to Wright, Wiegman has proven beyond doubt that she is a 'genius' and a 'legend' – but hauling Russo off with 20 minutes remaining made little sense in the context of the match. 'She was feeding off scraps,' Wright said of Russo. 'When you're playing in a game like that, all you're hoping for is one chance that you can try and take, which she did, and then you get a second wind. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 'When she went off you could see it. She's so sweet and she's saying thank you to everybody but you can see it in her mind, she must be thinking, 'What the f***'s going on?! What are you taking me off for?!' 'In the end, she's very fortunate. She's obviously shown she's a great coach with three European Championships on the spin. That's legendary. 'But some of the decisions… you're thinking to yourself, 'If that's what you're doing on purpose because you see the outcome in your head then you are a genius!', but she is a genius with what she's done.' Wright was similarly taken aback that Wiegman opted to 'gamble' on Lauren James' fitness when she had a player of Kelly's quality raring to go the start. 'With Lauren James, it's a Euros final. If she thinks, 'You know what? If I can get something out of myself I might be able to do it', then you're going to play,' he continued. 'And I think it was a gamble that I don't think Sarina should have taken, especially when you've got Chloe there. Chloe is ready to go and she showed that when she came on. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 'I thought it was strange. Again, you're talking about somebody who is obviously not fit enough. 'Then, we know that [Lauren] Hemp can come back and work back as well and help and you've got Ona Batlle, Aitana Bonmati and Athenea del Castillo all on that side, that's the most attacking they can be on that side, and you've got Lauren James whose natural game is not to track back and try stop those players. 'She's half fit and it just felt like, 'Oh my gosh, what's going on?!'' More Trending Given the journey Kelly had gone on following a 'dark' time in her career at the start of the year, Wright had to fight back the tears when the Arsenal forward stepped up to convert the winning penalty. 'Who in history has had the opportunity to do that? She has won us a tournament the last kick,' he went on. 'I got emotional as well when she did it. I just had a feeling and I felt like I was going to cry. 'I was just so pleased for her and I wanted it to happen and I wanted it to happen for us a country.' Did Wiegman make a mistake bringing off Russo? For more stories like this, check our sport page. Follow Metro Sport for the latest news on Facebook, Twitter and Instagram. MORE: Legendary Lioness hero 'tipped for glittering TV career' after Euros 2025 win MORE: When is the next Women's World Cup and where is it being held? MORE: Lionesses trophy parade: England celebrate historic Euro 2025 victory in London


Daily Mirror
33 minutes ago
- Daily Mirror
Chloe Kelly's odds slashed to win SPOTY after Euro 2025 triumph
Euro 2025 hero Chloe Kelly is now one of the front runners to win this year's Sports Personality of the Year Award and even ahead of Masters winner Rory McIlroy with some bookies Chloe Kelly, the footballer who secured back-to-back European Championships for the Lionesses, has had her odds slashed to this year's Sports Personality of the Year Award as the England continue their celebrations. The Arsenal forward's winning penalty in Switzerland helped secure England's second successive win in Europe as the Lionesses beat Spain on penalties. The London-born striker played such a crucial role despite not starting in any of the matches for England and now finds herself 6/4 with most bookies to win the Sports Personality of the Year Award, just a nose behind golfer Rory McIlroy who secured his career Grand Slam by winning the Masters. Other Lionesses in contention include goalkeeper Hannah Hampton - whose heroics between the sticks saved two penalties as Spain failed to convert their chances from the spot - at 13/2 while Lucy Bronze - who played the duration of the tournament with a fractured tibia - is 20/1 to win this year's prize. William Hill's spokesperson Lee Phelps said: 'Chloe Kelly was so inspiring in the Lionesses' victories in the quarter and semi-finals, yet before the final kicked-off she was 20/1 to win 2025 BBC Sports Personality Of The Year. However, after helping secure historic back-to-back Euros for the Lionesses with an assist and a winning penalty, Kelly is now just 6/4 second favourite behind Rory McIlroy (5/4) for SPOTY glory. 'Hannah Hampton has been equally impressive coming into the squad relatively late and helping the team to win shootouts against Sweden and Spain. After two crucial penalty saves in the final, her price has also plummeted to 13/2 from 33/1.' Yet for others, Kelly has emerged as the new favourite and tipped to win the trophy ahead of the Masters winner with bookmakers Coral listing the former Man City player to join the likes of Beth Mead and Mary Earps to have won the accolade. 'After holding her nerve to score the winning penalty in the women's Euros final, Chloe Kelly is the new favourite to win the 2025 BBC Personality of the Year Award,' said Coral's John Hill. 'The Lionesses could dominate the award ceremony this year, with goalkeeper Hannah Hampton and captain Leah Williamson at the top end of the betting,' Hill added. The 27-year-old did not start in any of the Lionesses matches during their Euro 2025 campaign but secured two assists and the winner against Italy deep into extra-time which helped secure their place in the final against Spain to set up a rematch after the World Cup heartache just two years prior. One of her assists came when it mattered most in the final as her cross from the wing found Alessia Russo's head to equalise and the turn game around as England controlled the majority of the match after the striker's equaliser. To top off her performance in the final, Kelly secured back-to-back winner status by scoring the winning penalty - echoing her significance in the 2022 Euros where she scored the winner against Germany in extra-time. Sports Personality of the Year Awards Rory McIlroy - 5/4 Chloe Kelly - 6/4 Hannah Hampton - 13/2 Luke Littler - 12/1 Lando Norris - 14/1 Lucy Bronze - 20/1 BAR - 28/1 18+ | Gamble responsibly | | Odds subject to change Football Betting Offers If you are on the lookout for the latest free bet offers, then look no further. Here, not only do we bring you numerous free bet offers, but all from the very best betting sites in the industry. Each bookie we recommend is fully licensed and regulated by the UK Gambling Commission, so you know you are always betting on a safe and trustworthy site. Check out the Mirror Betting Hubs Free Bets offers here. Gamble responsibly Reach plc is committed to promoting safer gambling. All of our content and recommended bets are advised to those aged 18 or over. Odds are subject to change too. We strongly encourage our readers to only ever bet what they can afford to lose. For more information, please call the National Gambling Helpline on 0808 8020 133 or visit