[Football] If Palace can't play in the Europa League

[One Teddy Maybank]

And this from their 23/24 accounts.

View attachment 203781

Probably maybe helpful to forward it to UEFA, as they may have missed it such is their woeful attention to detail.

Sign it from Forest…….

We may make the Europa league

 

[jackanada]

It would be so funny if palace got kicked out of European competition. Even if we didn't get in as a result it would still be brilliant.

 

[US Seagull]

He also peddled that quite frankly absurd point that how could Palace possible know they were going to win the FA cup by March 1st (everyone in NSC knew that mate)? Umm well, they were in the Quarter Finals on that day!

• They got through to the semi's on March 1st so could have sorted their multi-club ownership then

March 1st was the fifth round, not the quarters.

 

[American Seagle]

March 1st was the fifth round, not the quarters.

The easier thing to do would be for the cutoff to be before the first game of the season. That way teams could declare they are eligible for Europe or not so we all know where we stand during the season.

 

[A1X]

If you’re a team, especially a Premier League team, which come late February still have a realistic route to European qualification (through cup or league) it really is a gross mismanagement to not make the necessary arrangements should they be required, as you just never know what might happen. Is it just greed on the part of owners who refuse to give up things when they don’t have to for a few months?

 

[Bodian]

If UEFA decide they can't play in the Europa League due to their ownership set up, then they can probably drop down to the Conference league instead (with Forest taking their Europa Spot and we still miss out on Europe)

The Director with shares in the Danish Club only has somewhere around 10 to 18% of shares in Palace, so under the 30% cut off meaning it's still a viable option surely ?

EDIT - Just seen that it's 2 palace Directors that have Shares in the Danish club, not just one and so it might be more than the 30% when combined depending on the true figure of percentage of shares owned in Palace

Brondby is 50.1% owned by Global Football Holdings - which is a consortium led by Blitzer.

Josh Harris has something to do with Global Football Holdings (quite what I'm not sure). And owns 18% of Palace.

So - between them, it looks as though they own 36% of Palace and control 50.1% of Brondby.

I think.

 

[sparkie]

Is there anything in the rules saying that if palace are deemed to have broken the qualification rules for the Europa League then they have any right to be dropped down to the Conference League anyway ?

Surely FA Cup winners go through to the Europa League. Why do they drop to the Conference if they fail the criteria ? Surely they are just OUT.

 

[Motogull]

Cutting through it all, to me it seems that the authorities considered that Palace do not meet the eligibility criteria so were summonsed to explain themselves. All this waffle like proportionality then makes it sound like there has been a plea for mercy/forgiveness. The delay will be seen as having a really detailed look at it.

Whatever the outcome, Beaky still comes across as well out of his depth.

 

[Bozza]

Do the decent thing, Palace - stand aside.

Preserve a shred of dignity whilst you still can.

 

[lawros left foot]

I usually dislike this time of year on a non World Cup/Euros year I don’t like the heat, no Albion games, crap International fixtures played by knackered players, and no decent transfer news.

I’d like to thank CPFC2010, for making this year the exception to the rule. It’s been brilliant, if they could arrange a complete fiasco like this every non tournament year, I, for one, would be very grateful.

 

[Motogull]

Do the decent thing, Palace - stand aside.

Preserve a shred of dignity whilst you still can.

Tough call for Beaky to make though.

Tough call for the authorities too. If they deviate from the rules now by finding special circumstances, they are just setting themselves up for more problems later.

Do the decent thing authorities - announce that the small insignificant cub are not playing quickly.

 

[SweatyMexican]

So who do we want in the play offs? Any good away days we can look forward to?

 

[Driver 8]

So who do we want in the play offs? Any good away days we can look forward to?

It would be very Brighton to scrape in to Europe due to Palace’s cock up then lose to Bohemians or some such in a playoff .

 

[Hotchilidog]

Do the decent thing, Palace - stand aside.

Preserve a shred of dignity whilst you still can.

This

 

[West Upper Seagull]

Going to be an interesting couple of weeks and the Palace fans meltdown on the socials is box office !
Based on what has been reported the known facts seem to be:
1. Palace have breached the multi ownership rules
2. They requested putting Textor’s shares into blind trust (as other owners in the same situation have done), but UEFA have rejected this because they missed 1st March deadline
3. The only possible way out seems to be that Textor has to sell (which he’s as much said himself), and assuming this will need to happen within the next 2 weeks. But seeing that he’s tried to sell before when he wanted to invest in Everton it suggests he’s going to struggle unless he sells at a bargain price ! Wouldn’t be surprised to read that he’s agreed to sell up to the other 3 shareholders on the cheap this month and they’ll have to sell one of their stars with an agreement they’ll bung him what he’s truly owed at a later date !

I’ll get the popcorn !

 

[American Seagle]

Going to be an interesting couple of weeks and the Palace fans meltdown on the socials is box office !
Based on what has been reported the known facts seem to be:
1. Palace have breached the multi ownership rules
2. They requested putting Textor’s shares into blind trust (as other owners in the same situation have done), but UEFA have rejected this because they missed 1st March deadline
3. The only possible way out seems to be that Textor has to sell (which he’s as much said himself), and assuming this will need to happen within the next 2 weeks. But seeing that he’s tried to sell before when he wanted to invest in Everton it suggests he’s going to struggle unless he sells at a bargain price ! Wouldn’t be surprised to read that he’s agreed to sell up to the other 3 shareholders on the cheap this month and they’ll have to sell one of their stars with an agreement they’ll bung him what he’s truly owed at a later date !

I’ll get the popcorn !

Are there not rules about selling shares below market price, especially to directors of a company? And typically don't directors have to announce selling shares of a company way in advance or in particular trading windows to avoid insider trading?

 

[Bozza]

Are there not rules about selling shares below market price, especially to directors of a company? And typically don't directors have to announce selling shares of a company way in advance or in particular trading windows to avoid insider trading?

Pretty much "no" to all of the above.

It's not a publicly listed company and has no stock exchange rules and regs to comply with.

 

[American Seagle]

Pretty much "no" to all of the above.

It's not a publicly listed company and has no stock exchange rules and regs to comply with.

Wow. Doesn't that increase the likelihood of dodgy dealings in soccer clubs?

 

[Bozza]

Wow. Doesn't that increase the likelihood of dodgy dealings in soccer clubs?

No - the fit and proper person tests seek to police that.

Selling to existing shareholders/directors should face minimal scrutiny, since those people should already be deemed fit and proper.

 

[American Seagle]

No - the fit and proper person tests seek to police that.

Selling to existing shareholders/directors should face minimal scrutiny, since those people should already be deemed fit and proper.

Fit and proper does not mean you won't do anything in the future does it.