Crystal Palace Jets Owner Woody Johnson’s Stake Secured
Crystal Palace confirmed on Thursday that the purchase of Eagle Football’s stake by New York Jets owner Woody Johnson has been finalized.
“I am honored and privileged to be joining the ownership group of Crystal Palace Football Club,” Johnson expressed on the club’s website.
Last month, Palace announced that Johnson had entered into “a legally binding contract” to acquire the shares of fellow American John Textor, who held a 43% stake in the London club Top646 Slot. Reports indicated that the purchase price ranged from $220 million to $260 million. However, the latest club statement did not provide any financial information.
With this acquisition, Johnson becomes a partner and director of the club alongside chairman Steve Parish, Josh Harris, and David Blitzer. He has also signed the Premier League’s Owners’ Charter .jljl33.
“It is an organization with a proud history, tradition, and deep roots in English football in South London, which I came to admire during my time as US Ambassador to the United Kingdom,” Johnson noted.
Last season, Palace finished 12th in the 20-team Premier League. Johnson’s entry into Palace comes at a time when the club is in a dispute with UEFA over which European competition it will participate in next season, following their victory in the FA Cup in May—marking their first major trophy in 120 years. phdream promo code
Palace faced demotion from the Europa League to the Conference League due to violations of UEFA’s regulations regarding multi-club ownership, but they have lodged an appeal with the Court of Arbitration for Sport new member register free 100 in gcash. win win neko
UEFA concluded that as of March 1, Textor had control or influence over both Palace and the French club Lyon. Although Textor agreed to sell his stake in Palace to Johnson, the timing was insufficient to satisfy UEFA’s requirements.
What are your thoughts on Woody Johnson’s new role at Crystal Palace?
