Woody Johnson Completes 43% Stake Acquisition Crystal Palace

Woody Johnson, co-owner of the New York Jets and former U.S. Ambassador to the United Kingdom, has completed the acquisition of a 43% stake in Premier League club Crystal Palace in a deal valued at approximately £190 million. Johnson joins chairman Steve Parish, Josh Harris, and David Blitzer as co-owner and director, having passed the Premier League’s owners’ and directors’ test and signed the owners’ charter. He expressed admiration for Crystal Palace's proud history and deep roots in English football, which he grew to respect during his time as ambassador. The purchase was made from Eagle Football Holdings, controlled by businessman John Textor, who previously held the stake. Johnson emphasized his commitment to working with the existing ownership group to build on the club's recent successes and shape an exciting future. Meanwhile, Crystal Palace is engaged in a UEFA appeal regarding their demotion from the Europa League to the Conference League due to ownership conflicts involving Textor’s stake in another club.