Woody Johnson Buys Crystal Palace Stake After FA Cup Win
Woody Johnson Buys Crystal Palace Stake After FA Cup Win

Woody Johnson Buys Crystal Palace Stake After FA Cup Win

News summary

New York Jets owner Woody Johnson has agreed to purchase a 43% stake in Premier League club Crystal Palace for approximately $254 million from John Textor, pending approval from the Premier League and Women’s Super League. The deal follows Crystal Palace's FA Cup victory, which secured their Europa League spot but raised UEFA concerns due to Textor's concurrent ownership of Lyon, also in the competition. Johnson’s acquisition is intended to resolve this multi-club ownership conflict and preserve Palace’s eligibility for European play. Textor, disappointed by limited collaboration at Palace compared to his other clubs, is exiting and may seek new opportunities with other English teams. Johnson’s investment increases the influence of American NFL owners within the club. UEFA’s ruling on Palace’s Europa League participation is expected by the end of June.

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Left 67%
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Right 22%
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14
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6
Center
1
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2
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5
Last Updated
11 min ago
Bias Distribution
67% Left
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