Exciting Developments: Woody Johnson Eyeing John Textor’s Shares at Crystal Palace – What It Means for the Jets Owner

Crystal Palace shareholder John Textor has received an offer to sell his stake in the club. This move could open doors for the Eagles to compete in the Europa League next season. Woody Johnson, owner of the NFL’s New York Jets, is reportedly interested in acquiring Textor’s share.

Crystal Palace is pushing UEFA to allow them to participate in the competition despite existing rules. UEFA prohibits individuals from having control of multiple clubs in the same competition to avoid conflicts of interest.

Textor’s Eagle Football group, which holds a 43% stake in Palace, also owns a majority stake in Lyon, another team that qualified for the Europa League. Palace believes that Textor, who has tried to sell his shares before, does not have decisive control over the club.

In a recent meeting in Switzerland, Palace executives presented their case to UEFA, hoping to clear the way for their participation. If Textor sells his stake, it would make it easier for Palace to join the competition.

Woody Johnson, at 78, has visited Selhurst Park and has previously supported Donald Trump’s presidential campaign. He was also an ambassador to the UK during Trump’s first term.

As these events unfold, fan reactions highlight a mix of excitement and concern, especially over potential changes in club ownership and its impact on team performance. This scenario illustrates the tension between financial interests and sports regulations in today’s competitive landscape.

For further information on UEFA’s rules and regulations, you can visit UEFA’s official site.

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