'Sporting merit is rendered meaningless'
"The decision by Uefa and followed by the Court of Arbitration for Sport shows that sporting merit is rendered meaningless," Palace said.
"It appears that certain clubs, organisations and individuals have a unique privilege and power.
"This growing and unhealthy influence has shattered the hopes and dreams of Crystal Palace supporters, and does not bode well for aspirational teams all over Europe competing to progress when rules and sanctions are unevenly applied in the most flagrant way.
"Multi-club structures hide behind the charade of a 'blind trust' while clubs such as ours, who have no connection to another club whatsoever, are prevented from playing in the same competition.
"To compound the injustice, clubs that appear to have huge informal arrangements with each other are also allowed to participate and even possibly play against each other."
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