New York Jets proprietor Woody Johnson completed his purchase of Eagle Football’s ownership stake in Crystal Palace F.C., the group introduced earlier as we speak. According to ESPN, Johnson agreed to purchase the 43% stake in the team from Eagle Football Group, a French holding firm managed by American businessman John Textor, for $254 million.
“I’m honored and privileged to be becoming a member of the possession group of Crystal Palace Football Club. It is a corporation with a proud historical past, custom, and deep roots in English soccer in South London, which I got here to admire throughout my time as U.S. Ambassador to the United Kingdom,” Johnson stated in an official assertion. “Eagles followers have demonstrated extraordinary loyalty, ardour, and unwavering dedication, and I’m excited to satisfy and get to know them.”
Johnson has already signed the Premier League’s Owners’ Charter. He joins an possession group made up of Steve Parish, Josh Harris, and David Blitzer.
“I’ve nice respect for Steve Parish and the management he has offered through the years,” Johnson stated. “I sit up for working with him and your complete possession group to construct on the membership’s current successes and assist form an thrilling future for Crystal Palace.”
“At this thrilling time for Crystal Palace, we’re delighted to be welcoming Woody to the possession of the Football Club, and we very a lot sit up for working alongside him to construct on our historic current success shifting forwards,” stated Steve Parish in an official assertion.
Crystal Palace is presently combating with UEFA over the group’s demotion from the Europa League to the Conference League. UEFA guidelines bar two groups with the identical house owners from competing with each other, and John Textor Eagle Football has a majority possession stake within the French soccer membership, Lyon.
“We are nonetheless combating,” Steve Parish said during a recent appearance on The Rest is Football podcast. “There’s an attraction course of, so we go to CAS, which is the court docket for arbitration, and we’re very hopeful. We assume we’ve bought nice authorized arguments. We don’t assume that is the best choice by any means. We know unequivocally that John (Textor) didn’t have decisive affect over the membership.”
Woody Johnson is finest identified for being the proprietor of the New York Jets since he and his brother bought the group in 2000 for $635 million. Over the final 25 years, the Jets have a report of 173-231, which is the eighth-worst mark within the league.
