John Textor Announces Sale of Crystal Palace Shares Owned by Eagle Football

Dono da SAF do Botafogo, John Textor announced that it is looking for buyers for the share that Eagle Football holds the Crystal Palace (45%), in a statement released this Friday (24/5).

The English club is the only one in the Eagle family in which Textor is not a majority member. In the document, the North American businessman cited Botafogo as a success story for holding multiclubes.

Our collaborative model has led to considerable success at Lyon in France, where we quickly returned to the Europa League, and at Botafogo in Brazil, where we resurrected a historic club from bankruptcy in the second division to challenge for championships at the top of Serie A.“, says Textor.

Eagle Football will rely on the services of Raine Group to find buyers of Crystal Palace shares.

See John Textor’s statement to Crystal Palace fans:

To the fans of Crystal Palace Football Club,

Eagle Football Holdings today announced the involvement of Raine Group to solicit and interview potential buyers of Eagle Football’s interest in Crystal Palace Football Club.

​I’m extremely proud of our contribution to Crystal Palace… and very happy with the club’s improving form and lofty ambitions. As a lover of pure, youth football, I am also delighted to have been able to support Steve Parish’s vision for the completion of the Palace academy. The academy is very important for the future of South London and the club. I’m also proud to have supported the multi-year squad transformation, invited by Dougie and Steve to share insights as the current squad was built, player by player. Finally, this past year, I was pleased to see total unity in the ownership as we transitioned into technical leadership that brought a new style of play that perfectly suits the strength and pace we are known for at Palace.

So why would we sell, just when things are getting so good? Well, Eagle Football is known for employing a highly integrated sporting model across all of its football clubs, with an unprecedented amount of scouting collaboration and player movement within the family of clubs. Our collaborative model has led to considerable success at Olympique Lyonnais in France, where we quickly returned to Europa League competition, and at Botafogo in Brazil, where we resurrected a historic club from bankruptcy in the 2nd division to fight for championships at the top of the Series. A. We are also excited about our ongoing work in Belgium, which resulted in a quick championship and historic promotion in our first year, which we must fight again to recover next year.

As proud as we are to have been part of Crystal Palace’s resurgence, it remains true that Crystal Palace is an independent club, run by a man with a steady hand, who has achieved a level of sustainability that is incredibly uncommon these days. in the Premier League. An integrated sports model, like ours at Eagle, is simply not perfect for Crystal Palace.

Simply based on the initial reaction to the process we have begun with the Raine Group, it is obvious that the momentum at Crystal Palace has not gone unnoticed. I feel extremely confident that a good number of potential partners will seize the opportunity to be part of this promising future. Of course these processes take time, but we believe the summer of 2024 is the right time to undertake such a process, with the aim of identifying a successful bidder and future Palace supporter before our focus returns to football matches in the autumn.

We will keep you informed. Until then, Up the Palace!

2024-05-24 16:12:20
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