According to UEFA rules, clubs with the same owners must demonstrate that they have no cooperation with each other to compete in European competitions. To resolve this issue, Textor met with UEFA representatives for two hours and announced his plan to sell his stake in Palace.

Textor stated that he does not have decisive influence over Palace, and that he is trying to help the club by separating his interests and selling his stake. He emphasized that he would not be taking this step if he had the power to make decisions for the club.

Textor also mentioned that he and his team are trying to help Palace and UEFA resolve the situation. He stated that they had initially wanted to buy the club, but this option is no longer possible, and they are now working to find a solution that benefits everyone involved.