Particle.news

Download on the App Store

Crystal Palace Ownership: British Fans Emerge as Leading Bidders for 45% Stake

Zechariah Janjua and Navshir Jaffer lead a consortium advised by Keith Harris, vying to acquire John Textor's share in the club.

  • 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.
Hero image