LONDON :Crystal Palace said on Tuesday they are seeking legal advice on possible next steps after the Court of Arbitration for Sport dismissed the club's appeal against UEFA's decision to demote them from the Europa League to the Conference League.

European soccer's governing body made the decision over Palace's multi-club ownership rule breach because at the time of assessment on March 1 the John Textor-founded Eagle Football Group were majority owners of fellow Europa League side Olympique Lyonnais and also held shares in Palace.

U.S. businessman Textor's Eagle Football Holdings sold their stake in Palace last month. However, CAS upheld UEFA's ruling on Monday, and dismissed Palace's argument that the club received unfair treatment in comparison to Lyon and Nottingham Forest, with the

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