Crystal Palace’s hopes of taking part in 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.
Underneath 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 price 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 because of their FA Cup last victory over Manchester Metropolis.
Textor, who via his Eagle Soccer Holdings group additionally owns a major stake in Botafogo, who’re the present Brazilian and South American champions, initially invested in Palace in 2021.
Woody Johnson is the billionaire proprietor of New York Jets and a former US ambassador to the UK
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
From subsequent season, Sky Sports activities’ Premier League protection will enhance from 128 matches to at the very least 215 video games solely reside.
And 80 per cent of all televised Premier League video games subsequent season are on Sky Sports activities.
