Crystal Palace Set to Land Nottingham Forest Blow Thanks to £7bn Tycoon
- John Textor, owner of a 43 percent stake in Crystal Palace and majority owner of Lyon, is prepared to sell his shares to resolve UEFA's multi-club ownership issue.
- The sale follows UEFA's warning that Palace could be excluded from the Europa League due to rules barring clubs with common ownership in the same tournament.
- Textor and Crystal Palace chairman Steve Parish recently held discussions with UEFA, aiming to demonstrate that Textor’s limited voting rights do not constitute control, while bids from Woody Johnson and a group including Jimmy Butler are ongoing.
- Textor values his stake above the offered £170 million, though insiders expect a sale by June 27 will secure Palace's European participation and avoid legal challenges from Nottingham Forest.
- If resolved by a sale, Palace would remain in Europe next season, while UEFA's ruling later this month and potential Court of Arbitration involvement could delay final confirmation.
14 Articles
14 Articles


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