Overview

• Woody Johnson, heir to the Johnson & Johnson fortune and owner of the New York Jets, has signed a legally binding contract to buy John Textor’s 43 percent stake in Crystal Palace for approximately £190 million.
• The transaction, pending approval from the Premier League and Women’s Super League, settles a UEFA rule breach caused by Textor’s simultaneous stakes in Palace and Lyon, both of which qualified for next season’s Europa League.
• Crystal Palace earned its inaugural Europa League berth by defeating Manchester City in the 2024-25 FA Cup final, marking the club’s first major trophy.
• John Textor plans to reinvest the proceeds through his Eagle Football Holdings group by acquiring another English club, maintaining his presence in the UK market.
• Co-owners Steve Parish, Josh Harris and David Blitzer urged Textor to complete the sale swiftly to protect Palace’s European campaign and clear any regulatory doubts.