The reigning winner of the English Cup Crystal Palace has a new co -owner. American John Textor sold 43 percent in the countryman Woody Johnson, one of the owners of the American football team New York Jets. According to British media, the value of the transaction is $ 254 million (5.5 billion crowns).
The sale should open Crystal Palace the way to participate in the next year of the European League, where Olympique Lyon also qualified, where the textor has 77 percent. Two clubs with the same owner must not start in the same European Cup.
Johnson’s eighty -seven -year -old has owns Jets since 2000. Between 2017 and 2021 he was the US Ambassador in Britain and then unsuccessfully tried to buy Chelsea. With Crystal Palace has already succeeded. The transaction must still be approved by the leadership of the Premier League.
We can confirm that Robert Wood Johnson “Woody” has signed a legally binding contract to purchase Eagle Football’s holding in the club.
Full club statement ⤵️#Cpfc
— Crystal Palace F.C. (@CPFC) June 23, 2025
The club shares in the club have American investors Josh Harris and David Blitzer, as well as Englishman Steve Parish, who is chairman.
Surprisingly, Crystal Palace in the May finals of the English Cup was defeated by Manchester City 1: 0 and won the first big trophy.