Editing Openai/6923772e-905c-8010-9104-b8d007833c93 (section)

==== The Panel additionally held that Textor/Eagle Football exercised—or were able to exercise—decisive influence over CPFC via: ====

===== - Eagle Football held 44.09% of Palace Holdco (Total shares) and 39.87% of voting shares. =====
* It held 93.95% of Lyon. This exceeded the 30% decisive influence threshold in the CFCB May 2024 Circular.

===== - Textor/Eagle Football injected GBP 123 million, equalling 49% of Palace Holdco’s premium reserve—well above the 30% benchmark. =====

===== - Textor had a 25% vote in Palace Manageco and Palace Holdco, giving him blocking rights on key matters. =====
* Several categories of transfers (above GBP 100,000) required unanimous approval of principal partners—including Textor.

===== - Seven CPFC → Molenbeek loans in two seasons, all after Textor acquired Molenbeek. =====
* This pattern was seen as evidence of influence within the meaning of Article 5.01(c)(iv).

Conclusion: A breach of Article 5.01(c) existed independently.