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Woody Johnson to Acquire 43% Stake in Crystal Palace

Posted : 23 June 2025

Woody Johnson, the owner of the NFL's New York Jets, has signed a legally binding agreement to purchase John Textor’s 43% stake in Crystal Palace Football Club. The deal, valued at approximately £190 million, was officially acknowledged by the South London club on Monday. While the transaction still awaits approval from the Premier League and the Women’s Super League, Palace expressed confidence that the process would be completed smoothly, welcoming Johnson as a new partner and director of the club.

 

John Textor’s exit marks the end of his four-year association with Crystal Palace, during which his company Eagle Football Holdings acquired its share for around £90 million in 2021. Palace publicly thanked Textor for his contributions, wishing him success in future endeavors.

 

 However, his ownership of multiple football clubs, including France's Olympique Lyonnais, recently raised regulatory concerns, particularly around UEFA's rules on multi-club ownership and eligibility for European competitions.

 

With both Palace and Lyon having qualified for next season’s Europa League, UEFA launched a review into whether the shared ownership model violated its regulations. The potential conflict threatened Palace's place in the 2025–26 competition.

 

 Johnson’s timely offer and ability to rapidly transfer the funds reportedly played a significant role in the club’s decision, as they aimed to distance themselves from any issues that could jeopardize their European campaign.

 

Pending official clearance, Johnson must now pass the Premier League’s owners’ and directors’ test, a standard requirement for any major investor in English football. If the deal proceeds as expected, Palace could soon put their ownership complications behind them and focus on building for their European journey, with Johnson's investment offering a fresh chapter of financial stability and ambition.

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