Seven-time French champions Lyon, owned by American businessman John Textor, have been relegated to the second tier of French football due to the club’s financial problems, the French Professional League announced on Tuesday evening. Lyon, who finished sixth in Ligue 1 and reached the quarterfinals of the Europa League last season, plan to appeal the decision in the hopes of retaining their top flight status.
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Crystal Palace’s hopes of playing in Europe next season appear to have been boosted after shareholder John Textor sold his stake in the club to New York Jets owner Woody Johnson. Textor’s shares in Palace threatened to be an obstacle to their participation in the Europa League next season because the American is a shareholder in French side Lyon, who are set to enter the same competition.
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Goalkeepers who waste time by holding on to the ball are to be penalised with the award of a corner, the law-making International Football Association Board (Ifab) has confirmed. The new law, which will be introduced this summer, will mean goalkeepers have eight seconds to claim and redistribute the ball before they are penalised, with the referee giving a five-second countdown to warn them of incoming punishment.
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