After the Euphoria of the coronation to the community shield on Sunday against Liverpool at penalties (2-2, 3-2 at the TAB), this is very bad news for Crystal Palace. After The Timesthe London club lost its appeal to the Sports Arbitral Tribunal (CAS), after having challenged a decision of UEFA excluding it from the competition due to problems related to the rules on the multi -ownership of clubs. The European body had estimated that Palace had not implemented in time (before March 1) the necessary provisions to comply with the regulations. Result: the FA Cup winner will have to be satisfied with the Europa league conference, from qualifying towers.
This legal setback represents a serious shortfall, estimated at more than 23 million euros, due to the income gap between the two competitions. Nottingham Forest, initially not qualified for the Europa League, will play there next season. The Eagles management now plans to analyze the TAS’s decision in detail and could initiate new legal action to obtain financial compensation. The club believes it has been injured despite a solid file. Crystal Palace argued that John Textor, ex-action of the club and owner of OL, had sold his shares in July and had no decision-making power. But the TAS considered that the club had not respected the deadline of March 1 imposed by UEFA, which does not provide any exceptions, even in the event of a later sale. We may not have finished hearing about this affair.
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