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5d ago

Woody Johnson Agrees £190 Million Deal for Crystal Palace Stake to Clear Europa League Path

Subject to football authorities’ approval, the transaction aims to satisfy UEFA’s multi-club ownership rules, securing Crystal Palace’s place in next season’s Europa League.

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Jan 27, 2025; Florham Park, NJ, USA; New York Jets owner Woody Johnson speaks during an introductory press conference at Atlantic Health Jets Training Center. Mandatory Credit: John Jones-Imagn Images
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Overview

  • Woody Johnson has signed a legally binding agreement to purchase John Textor’s 43 percent stake in Crystal Palace for approximately £190 million.
  • Completion of the sale is pending approval from the Premier League and Women’s Super League before Johnson can join the club’s ownership group.
  • The deal resolves UEFA’s multi-club ownership conflict after Textor’s simultaneous stake in Lyon threatened Palace’s eligibility.
  • UEFA is expected to issue a formal decision on Crystal Palace’s participation in the 2025-26 Europa League once the ownership transfer is approved.
  • John Textor plans to reinvest the proceeds in another English club under his Eagle Football group, while Johnson brings decades of NFL ownership experience.