John Textor

Crystal Palace officially lodge appeal over Europa League demotion

Crystal Palace officially lodge appeal over Europa League demotion

Crystal Palace have officially lodged an appeal with the Court of Arbitration for Sport (CAS) over their demotion from the Europa League to the Conference League due to a breach of multi-club ownership rules by the European football governing body, UEFA, Afrosport reports. The Eagles qualified for a European competition for the first time in their history after defeating Manchester City in last season's FA Cup...

Lyon relegated to Ligue 2 over financial problems

Lyon relegated to Ligue 2 over financial problems

French heavyweights Lyon have been relegated to Ligue 2 after failing to resolve their financial problems, Afrosport reports. The seven-time French Ligue 1 champions were provisionally relegated last November due to huge debts owed by the club. The club hierarchy, led by owner John Textor, on Tuesday had a meeting with the National Directorate of Management Control (DNCG), which is responsible for overseeing the finances of...

Lyon owner shows support to Fonseca amid nine-month domestic ban

Lyon owner shows support to Fonseca amid nine-month domestic ban

Lyon owner John Textor on Thursday pulled his weight behind manager Paulo Fonseca after the Portuguese was handed a nine-month ban for confronting a referee during their Ligue 1 match on Sunday, Afrosport reports. Fonseca was sanctioned by the French League’s disciplinary commission on Wednesday—his 52nd birthday—about four weeks after replacing the sacked Pierre Sage. The former AC Milan boss was shown a red card for confronting referee...