New York Jets Owner Woody Johnson has agreed to the £ 190 million deal ($ 254m) to buy a 43% stake Premier League Team crystal Palace From American businessman John Text, the club announced on Monday.
The agreement is subject to the Premier League approval and Johnson – a former Ambassador to the United States at the United Kingdom – passing the trial of owners and directors of the league, otherwise known in the test of fit and appropriate individuals.
Palace said in a statement, “As long as the Premier League and the Women’s Approval is pending with the super league, we do not envisage any issue and ready to welcome Woody as a partner and director of the club,” Palace said in a statement.
“We want to go on a record to thank John Texter for his contribution in the last four years and wished every success for the future.”
Johnson’s agreement with Pathak should be approved by the Premier League, it will pave the way for the palace, 2024-25 FA Cup winnerTo play next season Ufa eur europea league And end the possibility of a club that breaks multicolor ownership rules due to Texter’s Eagle Football Holdings Group. Lyon,
The palace has been approved to play in the Europea League due to the ongoing conversation between the club and the UEFA.
ESPN has approached UEFA for comments.
However, there is no day-to-day involvement in the running of Texter’s palace, which is controlled by Chairman Steve Parish and American investors Josh Harris and David Blitzer, UEFA Rules play two teams in the same competition with two teams playing in the same competition until shares are placed in a blind trust in a club.
Textor failed to place its palace or Leon shares in such a vehicle from the UEFA time limit of 1 March – more than two months before the Palace, winning the FA Cup more than two months before the Palace, he gained the qualification of the Europa League by winning the FA Cup.
However, as Reported by ESPN earlier this monthTexter is trying to shut down his palace shares, Johnson emerging as a leading candidate to buy his stake.
78 -year -old Johnson served as US Ambassador to UK from 2017 to 2021 and made a failed bid to buy Chelsey After the previous owner, Russian Oligarch Roman Abramovich was approved by the UK government after the UK government invaded Ukraine in 2022.
Johnson has earlier declared himself a supporter of Chelsea.
