Jets owner Woody Johnson in talks to purchase stake in Crystal Palace
New York Jets owner Woody Johnson is in negotiations to buy a stake in Crystal Palace. File Photo by John Angelillo/UPI | License Photo
June 12 (UPI) -- New York Jets owner Woody Johnson is in talks for an ownership stake in English Premier League soccer franchise Crystal Palace.
Sources told Sky Sports, ESPN and Telegraph Sport about a bid of more than $200 million from Johnson for John Textor's minority stake in the club.
The Eagles are in danger of being barred from the Europa League because of a violation of multi-club ownership rules. Textor also owns a majority stake in French Ligue 1 club Lyon, which also qualified for the Europa League.
Chairman Steve Parish and investors Josh Harris and David Blitzer are the primary owners of Crystal Palace. Harris also serves as a controlling owner of the NFL's Washington Commanders, NBA's Philadelphia 76ers, and NHL's New Jersey Devils.
The Eagles went 13-11-14 for a 12th-place finish in the Premier League. They beat Manchester City in the FA Cup final on May 17 for their first major trophy.
Palace will meet Crawley Town in a friendly at 2:30 p.m. EDT July 25 in Crawley, England.
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