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Uefa executives will meet on Friday to decide whether Crystal Palace will be allowed to play in next season’s Europa League.<\/b><\/p>\n
The Eagles won the FA Cup to qualify for Europe for the first time in their history but Uefa must decide if they have breached its multi-club ownership rules.<\/p>\n
The expectation is that the outcome of the hearing will be announced by Friday evening.<\/p>\n
On Monday it was announced New York Jets owner Woody Johnson has signed a “legally binding contract”<\/a> to buy John Textor’s 43% stake in Crystal Palace in a deal believed to be worth close to \u00a3190m.<\/p>\n Palace are under threat of losing their spot in Europe on the basis of Textor’s involvement at the club.<\/p>\n Uefa has been considering whether Palace breached its multi-club ownership rules which bars linked clubs from competing in the same European competition.<\/p>\n Textor has a stake in French club Lyon, who also qualified for the Europa League.<\/p>\n Palace insisted Textor has no significant control at Palace despite his shareholding at the club.<\/p>\n There was a further twist this week when Lyon suffered relegation into Ligue 2<\/a> because of their poor financial state, which could prevent the French side from playing in Europe altogether.<\/p>\n<\/div>\n