Crystal Palace’s Europa League prospects enhance after John Textor sells stake to New York Jets proprietor Woody Johnson | Soccer Information
Crystal Palace’s hopes of enjoying in Europe subsequent season seem to have been boosted after shareholder John Textor offered his stake within the membership to New York Jets proprietor Woody Johnson.
Textor’s shares in Palace threatened to be an impediment to their participation within the Europa League subsequent season as a result of the American is a shareholder in French facet Lyon, who’re set to enter the identical competitors.
Below UEFA’s multi-club possession guidelines, it regarded as if Palace may miss out.
Nevertheless, Textor’s 43 per cent stake within the London membership has now been offered to Johnson in a deal value greater than £190m and values Palace at greater than £400m.
The sale is topic to Premier League approval, however could now free Palace as much as play within the Europa League.
The Eagles certified for the competitors due to their FA Cup closing victory over Manchester Metropolis.
Textor, who by his Eagle Soccer Holdings group additionally owns a big stake in Botafogo, who’re the present Brazilian and South American champions, initially invested in Palace in 2021.
Johnson has been in talks with Textor and Palace chairman Steve Parish for a number of weeks.
He’s the billionaire proprietor of New York Jets and a former US ambassador to UK and has tried to purchase a Premier League membership earlier than, with curiosity in West Ham and Chelsea.
Textor and Eagle Soccer, who additionally personal Belgium’s RWD Molenbeek, will now attempt to purchase one other English membership.
Sky Sports activities to indicate 215 video games in 2025/26
Watch extra Premier League matches on Sky Sports activities ever earlier than with 215 video games dwell of the 2025/26 Premier League season.
Sky Sports activities will broadcast a report minimal of 215 Premier League matches a season from 2025/26 after finalising a brand new four-year settlement for TV rights.
From the 2025/26 season, Sky Sports activities’ completely dwell protection will improve from 128 Premier League matches to not less than 215 video games.