Crystal Palace shareholder John Textor has obtained a proposal to promote his stake within the membership – which may clear the best way for the Eagles to compete within the Europa League subsequent season.

Woody Johnson, the proprietor of NFL franchise the New York Jets, desires to purchase Textor’s stake in Palace, in keeping with BBC Sport sources.

Crystal Palace have tried to persuade Uefa that they need to be allowed to take part within the competitors, with a choice anticipated to return in the direction of the top of the month.

Uefa guidelines forbid people from having management of a couple of membership in the identical competitors to keep away from conflicts of curiosity.

Eagle Soccer – the multi-club group owned by Textor which features a minority shareholding in Palace – has a majority stake in French facet Lyon, who’ve additionally certified for subsequent season’s competitors.

Palace are arguing that Textor – who has repeatedly tried to promote his stake with the membership – doesn’t have decisive management. Eagle Soccer holds a 43% stake in Palace.

Palace executives travelled to Switzerland final week for a gathering with Uefa to place their case ahead.

If Textor does promote his Eagle Soccer shares, then that might clear the trail for Palace to take part.

Johnson, 78, who has been to Selhurst Park final season, was a supporter of Donald Trump’s presidential marketing campaign.

There have been studies final 12 months that he may step again from his function as chairman of the Jets to function an envoy for President Trump, one thing he did in the course of the Republican chief’s first time period when Johnson served as ambassador to the UK.

The New York Jets and Crystal Palace have been approached for remark.