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Evening Standard
Evening Standard
Sport
Dom Smith

Crystal Palace: John Textor agrees to sell stake to Woody Johnson in potential Europa League boost

John Textor Woody Johnson Palace Crystal Palace Europa League New York Jets UEFA Champions League the Europa League Eagle Football Steve Parish
Deal agreed: Woody Johnson, owner of the NFL’s New York Jets, is set to buy John Textor’s 43 per cent stake in Crystal Palace - (Getty Images)

John Textor has agreed to sell his stake in Crystal Palace to New York Jets owner Woody Johnson in a move that could ensure the club can compete in the Europa League.

A deal believed to be worth more than €200million (£171m) will see Johnson purchase the 43 per cent stake in Palace that currently belongs to Textor’s Eagle Football Holdings.

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