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The Guardian - UK
The Guardian - UK
Sport
Matt Hughes

John Textor provides another twist in Crystal Palace ownership saga

John Textor holds up a Lyon shirt. The Ligue 1 club are par of his Eagle Football group
John Textor’s holding company Eagle Football has sustained heavy losses in recent years largely due to its big spending at Lyon. Photograph: Allili Mourad/SIPA/Shutterstock

The Crystal Palace ownership saga has taken another twist with the club’s largest shareholder, John ­Textor, listing his holding company Eagle Football for an initial public offering in the US.

Textor’s multi-club operation, which also owns majority shares in Lyon and Botafogo, has submitted a draft registration statement to the US Securities and Exchange Commission. An IPO is when a private company first sells shares to the public.

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