Woody Johnson is set to buy John Textor's 44.9% stake in Crystal Palace for £190m, with Premier League ratification expected soon. This deal could significantly bolster Palace's hopes for Europa League participation as UEFA pressures multi-club ownership adherence. Johnson, who owns the New York Jets, previously bid for Chelsea and is eager to enter English football. Textor faces pressure from fellow owners to expedite the sale amid concerns over compliance with UEFA regulations, which view Johnson's acquisition positively, potentially benefiting local and European league aspirations.
Woody Johnson's acquisition of John Textor's stake in Crystal Palace signals a positive shift for the club's aspirations in European competitions and ongoing compliance with UEFA regulations.
With Palace under pressure from UEFA, the swift ratification of Johnson's deal to purchase Textor's stake is expected to positively impact their participation in next season's Europa League.
Collection
[
|
...
]