US EditionUS Billionaire Woody Johnson to Buy Stake in Crystal Palace
- Woody Johnson will buy a 43 percent stake in Crystal Palace, reportedly valued at over £200 million, from Textor's Eagle Football Holdings.
- Textor aims to own a majority stake in a Premier League club in the future.
- Crystal Palace confirmed that Woody Johnson has signed a legally binding contract for the purchase.
74 Articles
74 Articles
Crystal Palace can still fulfill the rules of multiple ownership of football clubs and can probably compete in the European Cup. It is only the latest chapter of an imminent farce.
Crystal Palace has cleared the way for participation in the Europa League. As the English Premier League club of coach Oliver Glasner announced on Monday, U.S. entrepreneur Robert Wood Johnson has signed a legally binding contract to purchase the shares held so far by the Eagle Footballs Holding. At Palace, Johnson replaces John Textor, who was a majority owner with 43 percent. Textor is also owner of Olympique Lyon with his group. The French al…
Jets owner Woody Johnson to buy $254 million stake in Prem club Crystal Palace
Woody Johnson is adding to his pro sports portfolio. The Jets owner has agreed to buy a significant stake in the Premier League team Crystal Palace, the English soccer club announced Monday. The $254 million sale is for a 43% stake, according to ESPN. Johnson, who served as the United States ambassador to the United Kingdom from 2017 to 2021, is buying the shares from John Textor, a fellow American. “Whilst the completion is pending approval fro…
Crystal Palace confirmed the sale of all John Textor's shares (45%) to Woody Johnson, the owner of the New York Jets (NHL), which could help stabilize OL's financial situation.
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