Overview
- John Textor, who owns a 45% stake in Crystal Palace, is selling to focus on acquiring a controlling interest in another football club.
- The Raine Group is managing the sale, with three main contenders, including a consortium led by British fans Zechariah Janjua and Navshir Jaffer.
- Keith Harris, a veteran football financier, is advising Janjua and Jaffer's group, which is valued at over £200 million.
- Other interested parties include an unnamed American group, while existing shareholders David Blitzer and Josh Harris may match the bid.
- Textor's decision to sell is partly driven by Premier League rules preventing ownership stakes in multiple clubs and financial needs related to his investment in Olympique Lyonnais.