There was optimism that the issue had been resolved after Lyon were relegated to Ligue 2 due to financial difficulties, but that decision has now been overturned following a successful appeal by the Ligue 1 side.

The Telegraph reports that UEFA is set to discreetly abandon their multi-club ownership rule following the intense backlash from the decision to disqualify Palace. The article suggests that by next year, the March deadline will be "consigned to history", with Palace now preparing to take their case to the Court of Arbitration for Sport (CAS).

Manchester City previously managed to overturn a two-year Champions League ban in 2020 after just four months by appealing to CAS.

Palace chairman Steve Parish has been left reeling from UEFA's ruling, branding it "one of the greatest injustices that has ever happened in European football".

"We are devastated, and supporters of all clubs should be devastated for us," he stated. "It's like winning the lottery, going to the counter and not getting the prize. It is a bad day for football. Most right-minded football fans will see what a terrible injustice this is. I don't think Uefa want to see this, clubs that rightfully qualify for a competition being locked out on the most ridiculous technicality that you can imagine.

"Everybody knows we are not part of a multi-club model. We were never part of one. I didn't have anyone's phone number there [at Lyon] before this process began. It is such an incredible travesty of justice.

"There is a real crossroads here for Uefa. Do they intervene and do the right thing? Or do they let this process play out and see probably one of the greatest injustices that have ever happened in European football?".