Crystal Palace co-owner John Textor has pursued a sale of his 45% stake for several months. The American billionaire commissioned Raine Group to locate potential buyers.
He also eyed an Everton takeover last year, but that deal collapsed.
On 6 January, reports revealed a consortium signed an exclusivity agreement for Textor’s shares. The group is backed by US and Saudi investors. No further updates have emerged. This silence stokes uncertainty among Palace supporters.
A financial source indicated that Palace’s other owners might have a window to match the consortium’s bid. This condition could delay any takeover deal. The ownership structure at Selhurst Park complicates the process.
Alongside Textor, US investors David Blitzer and Josh Harris hold substantial stakes. Club chairman Steve Parish also remains in the mix. Their cooperation could influence the final outcome, and the Premier League retains the power to block any unverified deal.
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Inside sources stressed that the ownership shuffle is tangled. They noted that the deal must pass strict financial evaluations. The process could extend over 90 days as financing plans take shape.
Oliver Glasner’s side climbed to 12th in the Premier League after a recent upturn in form. The club also advanced to the FA Cup quarter-finals. Palace now balances boardroom battles with on-field improvements.
Palace now races Tottenham to sign 19-year-old winger Tyler Dibling. The Southampton talent has scored four goals and provided two assists in 28 appearances. Palace aims to develop him and secure a profit if Southampton faces relegation. A fee around £25 million could seal the deal.
Crystal Palace stands at a crossroads. The ownership saga and strategic recruitment shape the club’s future. The prospect of an IPO in New York looms as discussions intensify. Supporters eagerly await concrete updates during this pivotal period.
