Woody Johnson Completes Crystal Palace Acquisition Amid UEFA Challenge
Woody Johnson, the New York Jets owner, has finalized his purchase of shares in Crystal Palace Football Club, previously held by John Textor. Johnson joins the club's ownership group amid ongoing disputes with UEFA regarding the club's place in European competitions following its FA Cup victory.
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- United Kingdom
Crystal Palace has confirmed that Woody Johnson, owner of the New York Jets, has completed the acquisition of Eagle Football's shareholding in the Premier League club.
In an official statement, Johnson expressed his pride in joining the ownership team of Crystal Palace, a club with a rich legacy in South London football. This acquisition makes Johnson a partner and director alongside Steve Parish, Josh Harris, and David Blitzer.
However, Johnson's entry coincides with ongoing disputes regarding Palace's placement in European competitions. UEFA has demoted the team from the Europa League to the Conference League due to multi-club ownership rules, leading to an appeal to the Court of Arbitration for Sport.
(With inputs from agencies.)
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