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John Textor launches plan for audacious takeover of Crystal Palace
American looking to increase stake beyond 80%NY Jets owner Woody Johnson also in frame to buy clubJohn Textor is attempting an audacious takeover of Crystal Palace but faces competition from the New York Jets owner Woody Johnson as the battle for control at Selhurst Park heats up before the club’s appearance in the FA Cup final next Saturday.It is understood that Textor, who failed in his bid to buy Everton last year, has held talks with his fellow American shareholders David Blitzer and Josh Harris about buying their shares in Palace, which constitute about 36% of the club. That would take Textor’s stake to more than 80% and mean he would be able to complete a full takeover, a situation that could threaten the future of the long-serving chairman, Steve Parish. Continue reading...
- American looking to increase stake beyond 80%
- NY Jets owner Woody Johnson also in frame to buy club
John Textor is attempting an audacious takeover of Crystal Palace but faces competition from the New York Jets owner Woody Johnson as the battle for control at Selhurst Park heats up before the club’s appearance in the FA Cup final next Saturday.
It is understood that Textor, who failed in his bid to buy Everton last year, has held talks with his fellow American shareholders David Blitzer and Josh Harris about buying their shares in Palace, which constitute about 36% of the club. That would take Textor’s stake to more than 80% and mean he would be able to complete a full takeover, a situation that could threaten the future of the long-serving chairman, Steve Parish. Continue reading...
