New York Jets owner Woody Johnson is in negotiations to buy a stake in Crystal Palace. File Photo by John Angelillo/UPI | License Photo
New York Jets owner Woody Johnson is in talks for an ownership stake in English Premier League soccer franchise Crystal Palace.
Sources told Sky Sports, ESPN and Telegraph Sport about a bid of more than $200 million from Johnson for John Textor’s minority stake in the club.
The Eagles are in danger of being barred from the Europa League because of a violation of multi-club ownership rules. Textor also owns a majority stake in French Ligue 1 club Lyon, which also qualified for the Europa League.
Chairman Steve Parish and investors Josh Harris and David Blitzer are the primary owners of Crystal Palace. Harris also serves as a controlling owner of the NFL’s Washington Commanders, NBA’s Philadelphia 76ers, and NHL’s New Jersey Devils.
The Eagles went 13-11-14 for a 12th-place finish in the Premier League. They beat Manchester City in the FA Cup final on May 17 for their first major trophy.
Palace will meet Crawley Town in a friendly at 2:30 p.m. EDT July 25 in Crawley, England.
