Crystal Palace co-owner John Textor would beryllium consenting to waste his shares to his chap owners successful a cut-price woody to let nan nine to play successful this season's Europa League, according to sources adjacent to Eagle Football.
Uefa's rules forbid individuals from being progressive pinch much than 1 nine successful nan aforesaid title to debar conflicts of interest.
Eagle Football, nan multi-club group owned by Textor, owns a mostly liking successful Ligue 1 broadside Lyon, who person besides qualified for adjacent season's competition.
The 4 Palace partners of Textor, Steve Parish, Josh Harris and David Blitzer were successful Switzerland connected Tuesday to talk Palace's information successful nan Europa League.
Textor was hoping to show Uefa officials he did not person a controlling liking successful nan club.
The gathering ended without a decision, but it is understood from sources pinch knowledge of nan business that a last ruling from European football's governing assemblage should travel successful nan adjacent week aliases so.
Palace qualified for nan Europa League by beating Manchester City to triumph nan FA Cup.
Lyon vanished sixth successful nan French apical formation to initially summation a spot successful nan Uefa Conference League, but were fixed a Europa League spot aft Paris St-Germain - already qualified for nan Champions League - won nan Coupe de France.
Through Eagle Football, Textor owns astir 45% of Palace and 90% of Lyon.
Textor initially invested £90m into Crystal Palace successful 2021 and that finance helped to complete an academy upgrade and bring down nan mean property of nan squad.
The American was appointed a head and joined Parish, Harris and Blitzer connected nan board.
Chairman Parish, who has been successful nan domiciled since 2010, said they had been looking for finance to "progress nan club" and "deal pinch nan important financial challenges" caused by Covid.
Textor said he had been looking for opportunities to put successful European shot to travel his "passion" for nan athletics and "have a meaningful liking successful a club".
In January 2022, he invested successful Brazilian nine Botafogo and Belgian broadside RWD Molenbeek. Eagle Football still has controlling interests successful some sides.
He became nan proprietor of Lyon successful June 2022.
Palace are not portion of Eagle Football's multi-club organisation and person not signed a subordinate from immoderate of those clubs, though Jake O'Brien, now astatine Everton, did move to Lyon from their academy.
With nan club's summation successful stature and improvement of talent specified arsenic Eberechi Eze, on pinch their FA Cup success, it is understood nan American would beryllium looking for a batch much return connected his original investment.
Textor has tried to acquisition a controlling liking successful Palace successful nan past arsenic it is thought he would for illustration to person wide power of nan club.
However, he has much precocious tried to bargain Everton and besides sought a purchaser for his Palace shares.
In an interview pinch nan BBC past year, he said he does not tally Palace - president and co-owner Parish does - though he tin stock his views.
He besides conceded nan brace disagree connected their views complete multi-club ownership.
It is understood Textor believes successful respect of nan shot department, and he is not entitled to a ballot connected footballing decisions.
He did, though, play a portion successful bringing successful existent head Oliver Glasner past year.
That deficiency of wide power has meant Textor's position has now moved from wanting to bargain Palace to telling nan partners he would make his shares disposable - and waste astatine nether 25% of their marketplace worth if it meant nan quality betwixt Palace playing successful Europe aliases not.
Nottingham Forest proprietor Evangelos Marinakis precocious diluted his power astatine nan nine by placing his shares successful a unsighted trust, erstwhile it looked for illustration some Forest and Olympiakos - different nine nan Greek businessman owned - whitethorn some suffice for nan Champions League.
But sources adjacent to Eagle Football judge putting those Palace shares successful a 'blind trust' is not an action arsenic Textor and Eagle Football do not person decisive power complete nan Selhurst Park outfit.
Crystal Palace and Uefa were some approached for comment.