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Crystal Palace Takeover: Woody Johnson Eyes Shares

Crystal Palace Takeover: Woody Johnson Eyes Shares

June 12, 2025 Catherine Williams - Chief Editor Tech

Woody Johnson, owner of the New York Jets, is vying for a stake in Crystal Palace, possibly unlocking the Eagles’ participation in the Europa League next season.Johnson’s offer to buy John Textor’s shares‌ stems from UEFA regulations preventing single entities from controlling multiple clubs within ‍the same European competition. Textor’s Eagle Football group owns a important share in Crystal Palace and Olympique Lyonnais, creating a ⁢conflict as Lyon also qualified. If the deal goes thru, it will likely clear the path for Crystal Palace. Read about how News Directory⁢ 3 reports on this and other unfolding soccer ⁢stories. With UEFA’s ruling ⁣expected soon, Will Johnson’s bid ‌be prosperous and lead the Eagles to European glory? Discover what’s next …

Key Points

  • John Textor has received an ⁢offer for his Crystal Palace stake.
  • Woody Johnson, owner of the new York Jets, ⁤made the offer.
  • The sale could allow Crystal Palace to compete in the Europa League.
  • UEFA⁤ rules⁢ prevent​ one person controlling multiple ⁢teams ‌in the same competition.

Jets Owner ⁣Woody ⁤Johnson Bids for ⁢Crystal⁢ Palace Stake Amid ⁢Europa league Hopes

⁣ Updated June 12, 2025

New York Jets owner Woody Johnson has reportedly made an​ offer to purchase John Textor’s stake in Crystal Palace, according to BBC⁣ Sport sources.The move could pave the way for the Eagles to participate in the Europa ⁤league next season.

UEFA regulations prohibit individuals from⁣ holding controlling interests in multiple clubs within the same competition, a hurdle crystal Palace is⁢ trying to overcome.Textor’s Eagle Football group owns a 43% stake​ in Crystal Palace and a majority ​stake in French side​ Lyon, which has also qualified for⁢ the europa ⁢League.

crystal palace ​executives recently⁣ met with UEFA officials in Switzerland⁢ to argue that Textor lacks decisive control​ over the ⁣club. If Textor sells his shares, crystal Palace’s path ⁤to the‌ Europa​ League would be cleared.

Johnson, 78,⁣ has been seen at Selhurst Park.He previously served as ambassador to the United Kingdom during Donald Trump’s presidency.

What’s next

UEFA is‌ expected to ​rule ⁤on Crystal Palace’s eligibility for the Europa League toward the end ⁤of the month. The New York Jets and Crystal Palace have been contacted for comment.

Further reading

  • Crystal Palace⁤ try to convince Uefa they should​ be allowed to participate in the competition

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