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- Palace were demoted from Europa League by Uefa
- They hoped to overturn decision related to ownership
Crystal Palace have lost their appeal against demotion from the Europa League and will take their place in the Conference League.
The court of arbitration for sport confirmed on Monday that the FA Cup winners were unsuccessful in overturning the decision made by European football?s governing body to punish them for contravening its rules over multi-club ownership. Uefa demoted Palace to the Conference League after they were deemed to have breached regulations because John Textor held shares in both the south London club and Lyon, who also qualified for the Europa League. He has since sold his 43% stake to his fellow US businessman Woody Johnson.
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