Uefa has confirmed that Ineos-owned Manchester United and Nice will be able to participate in the Europa League next season.
The European football governing body said Ineos had implemented “significant changes” to comply with the multi-club ownership rule.
United and Uefa were confident throughout the process that the club would not be denied entry into the Europa League. United qualified for the competition by winning the FA Cup.
Uefa said Ineos had proved that “no one is simultaneously involved, directly or indirectly, in any capacity whatsoever in the management, administration and/or sporting performance of more than one club participating in a UEFA club competition; and no one has control or decisive influence over more than one club participating in a UEFA club competition.
More specifically, the significant changes made to the ownership, governance, and financial support of the concerned clubs, substantially restrict the investors’ influence and decision-making power over more than one club, ensuring compliance with the multi-club ownership rule during the 2024/25 season.
“In particular, the concerned investors have transferred their shares in OGC Nice to independent trustees through a blind trust structure established under the supervision of the CFCB First Chamber.
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