Overview
- Woody Johnson has finalized the purchase of John Textor’s 43% share in Crystal Palace from Eagle Football Holdings.
- Johnson joins Steve Parish, Josh Harris and David Blitzer on Palace’s board and has signed the Premier League Owners’ Charter.
- The transaction brings an end to John Textor’s four-year involvement in the south London club.
- UEFA demoted Palace from the Europa League to the Conference League over multi-club ownership rules, a decision now under appeal at the Court of Arbitration for Sport.
- Reports at the time valued the stake between $220 million and $260 million, though the club has not released financial terms.