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The Guardian - UK

Sport

Ed Aarons

Palace chairman Steve Parish falls out with club’s biggest investor John Textor

John Textor Steve Parish Palace Crystal Palace Lyon Eagle Football Holdings EPL Manchester United

Crystal Palace fans display a banner reading: 'Multi-club ownership. Stock market gambling. Textor we don’t trust you' — Crystal Palace fans relay their message to co-owner John Textor during their home game against Manchester United on Wednesday. Photograph: Tony Obrien/Reuters

Crystal Palace’s chairman, Steve Parish, and the club’s biggest investor, John Textor, have fallen out despite the American increasing his stake to more than 40% when he completed his takeover of Lyon last month.

The Guardian understands the pair have barely been on speaking terms in the weeks since Textor added the French club to a portfolio that includes stakes in Palace, the Brazilian side Botafogo and RWD Molenbeek in Belgium.

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