Palace potentially denied entry to Europa League?

park the bus said:
Ha ha! Really? How would that work? Apparently Textor had no say! So on the one hand he's not involved in the decision making process yet on the other it's his fault for being around and holding a sharehold interest. Perhaps he took too long to sell his shares...
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The fact that he was a director at the time, regardless of any control he may or may not have had, in fact puts him in a really bad position as far as litigation is concerned. He was the only person who had the power to put his shares in a blind trust, as another poster has already stated, and directors explicity have a fiduciary duty to act in the best interests of the company, avoiding conflicts of interest. Not putting his shares in a trust and Lyon's dealing with Forest around the that time could easily open him up to legal challenge. In fact it could be argued that buying a controling share in Lyon while fulfilling the role of a director of Crystal Palace could be seen as a conflict of interest in itself.
 
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Massive difference
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We are more likely to progress in the Conference and win it, so the prize money is similar based on our likelihood of winning league games and what round we reach. Still unfair being excluded on a technicality but it's still Europe and easiest competition to win (excluding the charity shield)
 
tshepp897 said:
The fact that he was a director at the time, regardless of any control he may or may not have had, in fact puts him in a really bad position as far as litigation is concerned. He was the only person who had the power to put his shares in a blind trust, as another poster has already stated, and directors explicity have a fiduciary duty to act in the best interests of the company, avoiding conflicts of interest. Not putting his shares in a trust and Lyon's dealing with Forest around the that time could easily open him up to legal challenge. In fact it could be argued that buying a controling share in Lyon while fulfilling the role of a director of Crystal Palace could be seen as a conflict of interest in itself.
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Yes, that makes sense, yet Parish's defence against UEFA's ruling is that there was no MCO ownership issue. So either there was or there wasn't - what's it to be?
I can imagine SP hosting a board meeting, first item on the agenda share ownership:
SP - "John, you need to put your shares in a blind trust, we've got a chance to get into Europe through the FA Cup and we don't want to have any conflict of interest what with your ownership of Lyon and the like"
JT - "Sure thing Steve, I'll get on it right away"
 
martinelliff said:
We are more likely to progress in the Conference and win it, so the prize money is similar based on our likelihood of winning league games and what round we reach. Still unfair being excluded on a technicality but it's still Europe and easiest competition to win (excluding the charity shield)
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Martin Ziegler (journalist) reporting that Palace have lost their appeal.
 
maddog said:
Makes no sense. And the arch-MCO villain escapes scot-free to add Sheffield Wednesday to his stable. Absolute bollix!!!
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Watch some appalling decisions by refs in the Conference league to kick us out as early as possible. Just a paranoid expectation that i would not put past the UEFA team as they won't want us protesting on tv every match and progressing deep into the competition
 
The legal costs for this would have been big money which should have been going towards first team.
 
tshepp897 said:
The fact that he was a director at the time, regardless of any control he may or may not have had, in fact puts him in a really bad position as far as litigation is concerned. He was the only person who had the power to put his shares in a blind trust, as another poster has already stated, and directors explicity have a fiduciary duty to act in the best interests of the company, avoiding conflicts of interest. Not putting his shares in a trust and Lyon's dealing with Forest around the that time could easily open him up to legal challenge. In fact it could be argued that buying a controling share in Lyon while fulfilling the role of a director of Crystal Palace could be seen as a conflict of interest in itself.
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I am afraid it is all a bit murky and unclear. I feel it was lazy journalism by Sky to suggest we can sue Textor. We could try but he in my view would win. Once conflict occurred he sold shares. The fact the hearing was so long on Friday suggests to me the judges see a major problem in UEFA position. That is not saying we will win . Parish on Friday said discussion was very technical that suggests that part of hearing was about MCO and elements of control. These are areas where UEFA have to prove their stance. My view was we were an MCO purely on number of shares Eagle had in both clubs but the element of control was open to dispute. If we win on either of these points we could sue UEFA as could Textor. I don't think it's worth it but it's possible.
It is only at the point that if CAS decide on UEFA position the date and blind trusts becomes relevant. As someone else pointed out other clubs in FA cup including Brighton 1st March many of them are parts of MCO how many of them took steps? There is an argument that Textor should have put Lyon not Palace shares into blind trust as he was not selling them. He is still major shareholder of Lyon and the forest owner now has part ownership of Botafago so is that a conflict.
Good news it is nearly over and we will know today
 
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