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Crystal Palace loses appeal against demotion by UEFA to third-tier Conference League

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Crystal Palace loses appeal against demotion by UEFA to third-tier Conference League
Sport

Sport

Crystal Palace loses appeal against demotion by UEFA to third-tier Conference League

2025-08-11 19:33 Last Updated At:19:50

GENEVA (AP) — Crystal Palace lost its appeal at sport’s highest court on Monday against demotion to the third-tier Conference League for breaching UEFA rules on club ownership with American investor John Textor.

The Court of Arbitration for Sport said its judges dismissed the English cup winner’s request to stay in the more lucrative second-tier Europa League in a case that also involved Premier League rival Nottingham Forest and French club Lyon.

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Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace players celebrate after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace players celebrate after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace's head coach Oliver Glasner waves after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace's head coach Oliver Glasner waves after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Forest and Lyon are confirmed taking entries directly into the Europa League in September and Palace must start in the Conference League qualifying playoff round next week. Palace was drawn last week to play Fredrikstad of Norway or Midtjylland of Denmark on Aug. 21 and Aug. 28.

Palace has become a victim in a complex case — which developed last month when Lyon avoided mandatory relegation in France for financial turmoil — that focused attention on long-standing UEFA rules being tested by more overseas investment in European soccer, especially from the United States.

UEFA demoted Palace because Textor had a 43% ownership stake last season while also owning Lyon. Palace missed a March deadline set by UEFA to solve the potential issue.

CAS said its judges decided Textor “was a board member with decisive influence over both clubs at the time of UEFA’s assessment date.”

The panel of three judges “considered that the UEFA Regulations are clear and do not provide flexibility to clubs that are non-compliant on the assessment date,” the court said in a statement.

The case proceeded despite Textor selling his stake in Palace last month to New York Jets owner Woody Johnson, reportedly for at least $220 million. Johnson joins Palace chairman Steve Parish and fellow Americans Josh Harris and David Blitzer as partners and directors of the south London club.

Unlike Palace, Forest and Lyon remain part of multi-club ownership networks though do not currently conflict with UEFA rules for entry to the next editions of European competitions. Forest owner Evangelos Marinakis also has Greek title holder Olympiakos which plays in the Champions League this season.

Palace qualified on merit for the second-tier Europa League by winning the English FA cup against Manchester City in May — a first major trophy in the club’s 120-year history.

The threat of UEFA sanctions for breaching multi-club ownership rules — drafted more than 25 years ago to protect the integrity of European competitions — cast a shadow over Palace’s offseason celebrations and preparations for this season.

At Wembley Stadium on Sunday, some Palace fans displayed the slogan “UEFA Mafia” ahead of the game against Liverpool in the season opener between the cup winner and league champion. Palace lifted another trophy by winning a penalty shootout after a 2-2 draw, less than 24 hours before a big loss at court.

UEFA has repeatedly warned about the growing trend for investors to take stakes or full ownership in multiple clubs in different countries, and the potential threats to the integrity of games and the transfer market.

Textor is among a slew of investors from the United States buying into the multi-billion dollar European soccer industry in recent years.

He has been an increasingly controversial figure in global soccer, also owning Brazilian club Botafogo and Belgium’s Molenbeek while being linked with a failed bid to buy Everton.

If Palace advances to the Conference League's main phase, it will play just six guaranteed games against mostly lower-ranked opponents between September and December.

Forest and Lyon will play eight Europa League games through January with the potential to earn tens of millions of euros (dollars) more in prize money from UEFA.

While Palace will be among the favorites to win the Conference League title that Chelsea won last season, the sporting and financial demotion risks affecting its transfer market activity this month. Star players Marc Guehi and Eberechi Eze, both England national-team regulars, are targets for wealthier rivals.

Palace is the third club to lose at CAS in recent weeks in challenges to the multi-club ownership rules which now routinely create offseason uncertainty in European soccer because of investors' wide-ranging ambitions. Forest and Lyon also had faced compliance issues.

UEFA previously removed two clubs from the Conference League lineup: Drogheda from Ireland and FC DAC 14 of Slovakia.

Marinakis had formally stepped back from controlling Forest in April when it seemed the two-time European Cup winner might join Olympiakos and qualify for the Champions League with a top-five finish in the Premier League. Forest placed seventh, earned an initial Conference League entry and that let Marinakis retake full control.

Lyon, which placed sixth in France's Ligue 1, has been in financial turmoil during Textor's ownership. It was able to enter the Europa League only after being reprieved on appeal last month from mandatory relegation to the second tier by the French soccer regulator.

Textor stepped down as Lyon president and was replaced by American businesswoman Michele Kang.

AP soccer: https://apnews.com/hub/soccer

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace players celebrate after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace players celebrate after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace's head coach Oliver Glasner waves after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace's head coach Oliver Glasner waves after winning the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

Crystal Palace fans cheer during the FA Community Shield final soccer match between Liverpool and Crystal Palace at Wembley Stadium in London,Sunday, Aug. 10, 2025. (AP Photo/Dave Shopland)

NEW YORK--(BUSINESS WIRE)--Jan 15, 2026--

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today opened its new Intuit TurboTax flagship store in New York City’s SoHo neighborhood, reimagining the future of personal and small business tax filing by combining the power of its all-in-one, agentic AI-driven consumer platform and human intelligence (HI) to deliver the ultimate done-for-you tax experience. The opening of the new Intuit TurboTax flagship store at 463 Broadway in New York City’s SoHo neighborhood marks the nationwide launch of nearly 600 Expert Office locations and 20 new TurboTax Stores, successfully completing the expansion phase initiated last year. By seamlessly merging advanced agentic AI with a network of local AI-powered human expertise, Intuit is creating a system of intelligence that anticipates consumer needs, automates the tedium of tax preparation, and gives customers the confidence they need based on their unique tax situation. Intuit’s consumer platform actively works in the filers' best interest to find them more money, easier and faster.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260115079410/en/

“We are fundamentally redefining what it means to get taxes done by delivering a first-of-its-kind seamless integration of our digital and physical experience,” said Mark Notarainni, Executive Vice President and General Manager, Consumer Group, Intuit. “This isn’t just another tax store; it is the physical manifestation of our AI+HI strategy, a modern space where our AI and local human expertise converge to provide trusted, personalized guidance. We are providing the antidote to tax-related stress and anxiety to give filers year-round control, complete confidence, and better financial outcomes.”

The Future of Filing: Combining the Power Of Agentic AI with Local Expertise

With the opening of TurboTax stores, Intuit is fundamentally reimagining the tax landscape, creating a high-touch front door that brings digital filing and in-person expertise together in a seamless, modern experience. A distinct departure from traditional tax offices, these stores are powered by a first-of-its-kind, connected platform uniting Credit Karma and TurboTax together to support customers end to end. Tailored to filers’ unique needs, these physical locations provide them with much-needed time back and peace of mind during an overwhelming season; by eliminating manual data entry through an integrated digital-to-physical journey, Intuit ensures customers can focus on their lives with complete financial confidence.

Key components of the TurboTax store experience:

Nationwide Local Store Locations

TurboTax is strategically opening stores in key markets across the country to bring local expert assistance within reach of millions of filers. Up to 20 stores will open in advance of the tax deadline in the following metropolitan areas:

In addition to these storefronts, TurboTax has activated nearly 600 Expert offices nationwide, increasing its physical presence to offer local, face-to-face support.

Grand Opening Celebration: A Blueprint for Financial Confidence

To celebrate this shift in the tax landscape, Intuit is hosting an exclusive event tonight at the SoHo Flagship featuring Intuit CEO Sasan Goodarzi and Consumer Group EVP Mark Notarainni. Cultural icon Issa Rae will conduct a fireside chat, and be joined by special guests including Aaron Judge and DJ Mick. The evening will culminate with a musical performance by Anderson .Paak & the Free Nationals.

Powering Prosperity: $100,000 Commitment to NYC Schools

As part of the grand opening, Intuit is reinforcing its investment in the New York community and the next generation of filers. Intuit will announce a $100,000 donation to NYCPS. This contribution provides students with the resources to develop financial literacy, capability, and confidence for personal and professional success.

TurboTax partnered with renowned architectural, design, and planning firm, Gensler on the design and architecture of its physical locations, as well as BUCK, a global creative company on the Forum's interactive content design. Leading global commercial real estate and investment management company, Jones Lang LaSalle Americas, Inc. (JLL) is its brokerage partner.

To find an Intuit TurboTax store, or explore expert offerings, visit TurboTax.com.

For press assets visit our digital press kit.

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.

The Forum seating area at the new TurboTax SoHo Flagship (463 Broadway), utilizes ambient animations on a 30-foot-wide L-shaped digital screen to provide financial education in a serene environment, proving that human connection, empowered by Intuit's advanced AI, can transform the inherently emotional task of tax filing.

The Forum seating area at the new TurboTax SoHo Flagship (463 Broadway), utilizes ambient animations on a 30-foot-wide L-shaped digital screen to provide financial education in a serene environment, proving that human connection, empowered by Intuit's advanced AI, can transform the inherently emotional task of tax filing.

Intuit TurboTax's Flagship Store in New York's SoHo neighborhood at 463 Broadway, NY, New York

Intuit TurboTax's Flagship Store in New York's SoHo neighborhood at 463 Broadway, NY, New York

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