Crystal Palace lose appeal against Europa League demotion
Crystal Palace's appeal over their demotion from the Europa League to the UEFA Conference League was rejected Monday by the Court of Arbitration for Sport (CAS).
The London club, who won last season's FA Cup, fell foul of UEFA's rules governing multi-club ownership.
European football's governing body determined that as of March 1, American businessman John Textor had control or influence in Palace and French club Lyon.
It means under UEFA rules they are unable to compete in the same European competition and Lyon held on to the Europa League spot by virtue of their higher league position.
Palace appealed to CAS last month after Textor agreed to sell his 43% stake in the Premier League club to New York Jets owner Woody Johnson.
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