Lyon FC and Crystal Palace are owned by the same partnership group. They both qualify for the Europa League but due to the Multi- club ownership rules of UEFA both teams cannot play in the same competition if they are owned by the same group. One has to forfeit the competition for the other to play. Some people argue that Manchester City and Girona were allowed to play in the same UCL competition last season despite City football Group holding 44% in Girona shares and 100% in Manchester City, but the truth is that they placed their Girona shares on blind trust to be managed by an independent UEFA approved panel which secured compliance with UEFA rules and the both teams were allowed to play.
This indeed a very serious issues that calls for a greater concern and it will really be a bad idea if one of the clubs is out as a result of ownership issue. UEFA should try as much as they can to put things in place by balancing this. If man city was able to scale through similar thing, I believe that lyon and palace can still follow the same step that man city used and it will definitely work for them. So I see no reason why it shouldn't work for palace and Lyon. Rules are made for every body and not for some few person and rules should always be fair and offenders should always be treated equally, irrespective of connection
Rules are made for everybody but in a tight situation there is always a loop hole in those rules and I guess that's what Manchester city actually did but in the case where the rules don't have a loop hole to exploit then I guess the victim will just have to dance to the consequences that follows the rule. I think it's already clear that crystal palace will be the one to miss out on the Europe competition.
I think Manchester city ownership case with Girona had a different undertone from what crystal palace and Lyon are currently facing. City's owners were too fast to make certain changes in the ownership holdings percentage which created the difference in theirs to what Lyon and crystal palace are currently facing. It's truly unfortunate for palace after fighting to earn a European ticket for next season but they just have to accept their fate.
This is very sad after fighting to make sure they qualify and this just happened, however was John Textor not aware that for the fact that he holds that amount of stake in both club they won't be allowed to participate in the same competition he should have known this and even if he those not know someone who has more knowledge about the rules and regulations of UEFA who have told him so he could move some share to a neutral person.
Now for those who don't understand what is happening here UEFA ruled that Crystal Palace and Lyon cannot both participate in the same European competition next season due to multi-club ownership rules, and because of the rules that they have I'm not sure they will be able to participate until John Textor has moved some of his share to another person but I don't think there's time for it anymore however I head that Crystal Palace have officially appealed the decision of the UEFA to Court of Arbitration for Sport so let's just wait and hope that everything changes and they allow them to participate but the only solution will be that John Textor moves some of his share or stake to a neutral person.
Good luck to both club.