Overview
- John Textor has offered to sell his 43 percent share in Crystal Palace for as little as £170 million to satisfy UEFA’s eligibility requirements.
- New York Jets owner Woody Johnson has submitted a bid for Textor’s stake and a consortium led by NBA star Jimmy Butler is preparing a rival offer.
- Palace officials maintain that Textor has no decisive influence over daily operations, an argument under UEFA review.
- Nottingham Forest have written to UEFA challenging Palace’s qualification and stand to gain a place in the Europa League if Palace are disqualified.
- UEFA’s Club Financial Control Body met with Palace representatives in Nyon this month and is expected to announce its final decision by the end of June.