logo
Palace co-owner John Textor would sell shares for Europa League chance

Palace co-owner John Textor would sell shares for Europa League chance

Crystal Palace co-owner John Textor is willing to sell his shares in the club in order to ensure the Eagles can enter next season's Europa League, according to reports.
The American, whose Eagle Football Group owns 43 per cent of Palace, has imperilled the club's chance of a first-ever European campaign owing to his involvement with Ligue 1 side Lyon, but is ready to offload his stake to his fellow co-owners in order to bring the saga to an end.
Advertisement
UEFA does not allow clubs with the same ownership to compete in the same European competitions in a season.
Eberechi Eze scored the winning goal when Palace beat Manchester City in the FA Cup final (Adam Davy/PA)
As well as his stake in Palace, the 59-year-old has a controlling stake in the French club, also via Eagle Football.
However, it is also reported that the European governing body does not consider Textor's influence at Selhurst Park to be decisive and is leaning towards allowing the club into the Europa League regardless.
The PA news agency understands no formal decision is likely on Palace's fate until the end of June.
Advertisement
Textor has previously spoken of his frustration at how little influence his stake entitles him to over football matters.
Victory for Oliver Glasner's side over Manchester City in last month's FA Cup final gave them their first major trophy and with it a first crack at Europe.
Nottingham Forest, who are owned by Evangelos Marinakis, have written to UEFA challenging Palace's involvement in the Europa League (Mike Egerton/PA)
However, Nottingham Forest have since written to UEFA to challenge Palace's Europa League spot and in the hope of taking their place.
Forest's owner, Evangelos Marinakis, who also owns Greek side Olympiacos, placed his shares in the club in a blind trust before the governing body's March 1 deadline, anticipating Nuno Espirito Santo's side's European qualification.
Advertisement
At present Forest, who finished seventh in last season's Premier League, are set to enter the Conference League but would take Palace's Europa League place, should they be deemed ineligible.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

European share futures plunge after Israel strikes Iran
European share futures plunge after Israel strikes Iran

Reuters

time19 minutes ago

  • Reuters

European share futures plunge after Israel strikes Iran

LONDON, June 13 (Reuters) - European shares were set to open sharply lower on Friday after Israel launched widescale strikes against Iran, which pushed the oil price up by 7% and drove a rush out of risk assets. Euro STOXX 50 futures, which track blue-chip euro zone stocks, dropped 1.4%, <with contracts on the German and French benchmarks each down over 1%. , Futures on Britain's oil- heavy FTSE (.FTSE), opens new tab fell 0.4%.

Gossip: Brentford to hold on to Norgaard
Gossip: Brentford to hold on to Norgaard

BBC News

time19 minutes ago

  • BBC News

Gossip: Brentford to hold on to Norgaard

Brentford will block attempts by new Tottenham manager Thomas Frank to bring midfielder Christian Norgaard with him from his former club. (Givemesport), externalThe Bees and West Ham are both interested in Rangers and Morocco striker Hamza Igamane, 22, after he scored 16 goals in the Scottish Premiership last season. (Foot Mercato - in French), externalWant more transfer stories? Read Friday's full gossip columnFollow the gossip column on BBC Sport

Bradford fire crews hit £56k target for burns research unit
Bradford fire crews hit £56k target for burns research unit

BBC News

time20 minutes ago

  • BBC News

Bradford fire crews hit £56k target for burns research unit

Firefighters raising money for a burns research unit set up following the Bradford City fire have hit their £56,000 target marking the tragedy's 40th cash will go to the University of Bradford's Plastic Surgery and Burns Research Unit, created in the aftermath of the blaze at Valley Parade in 1985 which killed 56 football fans and left hundreds more injured.A Bradford City Legends football match, a 75-mile walk from Lincoln to Bradford, and a fundraising dinner helped firefighters based at Bradford Fire Station reach their manager Mark Hayward said: "It's been a real team effort with so many people getting involved in all the challenges we have completed." Bradford City were playing Lincoln City in their last home match of the season on 11 May 1985 when a fire ripped through the Valley Parade stadium with 11,000 fans blaze led to the creation of the pioneering research unit in Bradford, which has since developed groundbreaking treatments for burns and scars. Following the end of the fire service's "56for56" appeal raising funds for the unit, Mr Hayward praised people who had supported those taking part."I'd like to thank everyone who has donated," he said."The public have really got behind this campaign and we couldn't have done it without them."Mr Hayward said one fundraising challenge - the walk from Lincoln to Bradford - stood out as "by far" the most he said the one he personally enjoyed the most was the Bradford City Legends match at Valley Parade, featuring former player and manager Stuart McCall and ex-skipper Gary Jones."To play against so many legends was brilliant," he said. Prof Ajay Mahajan, director of Bradford University's Plastic Surgery and Burns Research Unit, praised those who had taken part in the fire service's said: "The feeling of personnel from one emergency service being there to support another emergency service showcases the same community support that has been there for the families of the 56, and those affected by the Bradford fire."I would like to take this opportunity to thank the community for their continuing support."Thank you to everyone who has donated to our cause - and a huge thank you to the West Yorkshire Fire and Rescue Service for completing this gargantuan campaign." Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store