Latest news with #CFCB
BreakingNews.ie
12-06-2025
- Business
- BreakingNews.ie
Drogheda United facing expulsion from Uefa Conference League due to multi-club ownership rules
Drogheda United are facing expulsion from the Uefa Conference League due to both themselves and Silkeborg IF — who are both run by American-based Trivela Group — qualifying for this year's competition. The club were informed today that due to multi-club ownership rules they may be removed from the competition. Advertisement The Uefa regulation states that 'no individual or legal entity may have control or influence over more than one club participating in a UEFA club competition'. In a situation such as this, the club with the higher league placing is allowed to remain in the competition. Alarmingly, for Drogheda, that would be Silkeborg IF. In a statement this afternoon, the club said the news came "despite significant efforts by the club to work constructively with UEFA to make necessary ownership and governance changes to allow both to compete over the past several months." "We are devastated by this potential development and believe it would be both harsh and unfair, given the way brand new rule changes this year have been, in our view, inconsistently communicated and enforced across various clubs. Advertisement "We are now appealing the decision to the Court for Arbitration for Sport (CAS). Given we are now in the midst of an ongoing legal proceeding, and out of respect for that process, UEFA, the CFCB, and the overall aim of sporting integrity, there are limits to what we are able to share at this time. "What we can say is this: we are — even at this late hour — fighting to do anything and everything we can to secure our players', supporters', and community's place in Europe. "We have been in active dialogue with UEFA for months and have put forward a share disposition, trust arrangements, and various other undertakings consistent with recent CFCB precedent, only to have all of those efforts rebuffed. "Nevertheless, we look forward to the opportunity to be heard at CAS and thank you in advance for your support."
Glasgow Times
09-06-2025
- Sport
- Glasgow Times
FA Cup winners Crystal Palace face anxious wait to discover Europa League fate
Palace held a meeting with UEFA officials last Tuesday to plead their case to be allowed to play in Europe for the first time. Oliver Glasner's team clinched a Europa League spot after they stunned Manchester City to win the FA Cup at Wembley last month – the first major trophy in the club's history. However, talk of a European adventure has proved slightly premature, with Palace required to meet with UEFA's club financial control body (CFCB) to show they do not fall foul of its multi-club ownership rules. John Textor holds a 43 per cent stake in Palace through his company Eagle Football, while he is also the owner of French club Lyon, who qualified for the Europa League with a sixth-placed Ligue 1 finish. After Tuesday's meeting, the CFCB is not expected to make a decision until the end of June, PA understands. No individual is allowed to have a significant say in the running of two clubs competing in the same UEFA competition and the CFCB would have to make a ruling on any potential breach. PA understands Palace are confident no rules have been breached owing to the fact Textor – through Eagle Football – has only a 25 per cent share of voting rights alongside fellow principal owners Josh Harris, David Blitzer and chairman Steve Parish. Parish is also responsible for the day-to-day running of the club, which has led to past tension with Textor, who had previously tried to sell his shares and take over Everton. Given Palace believe they have no influence over Lyon and Eagle Football does not have decision-making powers at the Premier League outfit because of the voting structure, the club are hopeful of being able to compete in Europe. If Palace fail to convince the CFCB, Lyon would keep their Europa League spot due to a higher league finish. Meanwhile, Brondby, who Blitzer owns, qualified for the Europa Conference League, which prevents the south London club from dropping into that competition. Palace announced their retained list on Monday, with long-serving duo Joel Ward and Jeffrey Schlupp set to officially leave on June 30. Their departures had been announced last month. A number of academy players are also due to depart, including Eberechi Eze's younger brother Chimaechi Eze.
South Wales Guardian
09-06-2025
- Business
- South Wales Guardian
FA Cup winners Crystal Palace face anxious wait to discover Europa League fate
Palace held a meeting with UEFA officials last Tuesday to plead their case to be allowed to play in Europe for the first time. Oliver Glasner's team clinched a Europa League spot after they stunned Manchester City to win the FA Cup at Wembley last month – the first major trophy in the club's history. 😏 — Crystal Palace F.C. (@CPFC) May 19, 2025 However, talk of a European adventure has proved slightly premature, with Palace required to meet with UEFA's club financial control body (CFCB) to show they do not fall foul of its multi-club ownership rules. John Textor holds a 43 per cent stake in Palace through his company Eagle Football, while he is also the owner of French club Lyon, who qualified for the Europa League with a sixth-placed Ligue 1 finish. After Tuesday's meeting, the CFCB is not expected to make a decision until the end of June, PA understands. No individual is allowed to have a significant say in the running of two clubs competing in the same UEFA competition and the CFCB would have to make a ruling on any potential breach. PA understands Palace are confident no rules have been breached owing to the fact Textor – through Eagle Football – has only a 25 per cent share of voting rights alongside fellow principal owners Josh Harris, David Blitzer and chairman Steve Parish. Parish is also responsible for the day-to-day running of the club, which has led to past tension with Textor, who had previously tried to sell his shares and take over Everton. A post shared by UEFA Europa League (@europaleague) Given Palace believe they have no influence over Lyon and Eagle Football does not have decision-making powers at the Premier League outfit because of the voting structure, the club are hopeful of being able to compete in Europe. If Palace fail to convince the CFCB, Lyon would keep their Europa League spot due to a higher league finish. Meanwhile, Brondby, who Blitzer owns, qualified for the Europa Conference League, which prevents the south London club from dropping into that competition. Palace announced their retained list on Monday, with long-serving duo Joel Ward and Jeffrey Schlupp set to officially leave on June 30. Their departures had been announced last month. A number of academy players are also due to depart, including Eberechi Eze's younger brother Chimaechi Eze.
Rhyl Journal
09-06-2025
- Business
- Rhyl Journal
FA Cup winners Crystal Palace face anxious wait to discover Europa League fate
Palace held a meeting with UEFA officials last Tuesday to plead their case to be allowed to play in Europe for the first time. Oliver Glasner's team clinched a Europa League spot after they stunned Manchester City to win the FA Cup at Wembley last month – the first major trophy in the club's history. 😏 — Crystal Palace F.C. (@CPFC) May 19, 2025 However, talk of a European adventure has proved slightly premature, with Palace required to meet with UEFA's club financial control body (CFCB) to show they do not fall foul of its multi-club ownership rules. John Textor holds a 43 per cent stake in Palace through his company Eagle Football, while he is also the owner of French club Lyon, who qualified for the Europa League with a sixth-placed Ligue 1 finish. After Tuesday's meeting, the CFCB is not expected to make a decision until the end of June, PA understands. No individual is allowed to have a significant say in the running of two clubs competing in the same UEFA competition and the CFCB would have to make a ruling on any potential breach. PA understands Palace are confident no rules have been breached owing to the fact Textor – through Eagle Football – has only a 25 per cent share of voting rights alongside fellow principal owners Josh Harris, David Blitzer and chairman Steve Parish. Parish is also responsible for the day-to-day running of the club, which has led to past tension with Textor, who had previously tried to sell his shares and take over Everton. A post shared by UEFA Europa League (@europaleague) Given Palace believe they have no influence over Lyon and Eagle Football does not have decision-making powers at the Premier League outfit because of the voting structure, the club are hopeful of being able to compete in Europe. If Palace fail to convince the CFCB, Lyon would keep their Europa League spot due to a higher league finish. Meanwhile, Brondby, who Blitzer owns, qualified for the Europa Conference League, which prevents the south London club from dropping into that competition. Palace announced their retained list on Monday, with long-serving duo Joel Ward and Jeffrey Schlupp set to officially leave on June 30. Their departures had been announced last month. A number of academy players are also due to depart, including Eberechi Eze's younger brother Chimaechi Eze.
Leader Live
09-06-2025
- Business
- Leader Live
FA Cup winners Crystal Palace face anxious wait to discover Europa League fate
Palace held a meeting with UEFA officials last Tuesday to plead their case to be allowed to play in Europe for the first time. Oliver Glasner's team clinched a Europa League spot after they stunned Manchester City to win the FA Cup at Wembley last month – the first major trophy in the club's history. 😏 — Crystal Palace F.C. (@CPFC) May 19, 2025 However, talk of a European adventure has proved slightly premature, with Palace required to meet with UEFA's club financial control body (CFCB) to show they do not fall foul of its multi-club ownership rules. John Textor holds a 43 per cent stake in Palace through his company Eagle Football, while he is also the owner of French club Lyon, who qualified for the Europa League with a sixth-placed Ligue 1 finish. After Tuesday's meeting, the CFCB is not expected to make a decision until the end of June, PA understands. No individual is allowed to have a significant say in the running of two clubs competing in the same UEFA competition and the CFCB would have to make a ruling on any potential breach. PA understands Palace are confident no rules have been breached owing to the fact Textor – through Eagle Football – has only a 25 per cent share of voting rights alongside fellow principal owners Josh Harris, David Blitzer and chairman Steve Parish. Parish is also responsible for the day-to-day running of the club, which has led to past tension with Textor, who had previously tried to sell his shares and take over Everton. A post shared by UEFA Europa League (@europaleague) Given Palace believe they have no influence over Lyon and Eagle Football does not have decision-making powers at the Premier League outfit because of the voting structure, the club are hopeful of being able to compete in Europe. If Palace fail to convince the CFCB, Lyon would keep their Europa League spot due to a higher league finish. Meanwhile, Brondby, who Blitzer owns, qualified for the Europa Conference League, which prevents the south London club from dropping into that competition. Palace announced their retained list on Monday, with long-serving duo Joel Ward and Jeffrey Schlupp set to officially leave on June 30. Their departures had been announced last month. A number of academy players are also due to depart, including Eberechi Eze's younger brother Chimaechi Eze.
