Crystal Palace part-owner John Textor has signed an statement to merchantability his involvement successful the nine to New York Jets proprietor Woody Johnson, sources adjacent to the woody person confirmed.
The deal, believed to beryllium worthy adjacent to £190m, is taxable to Premier League approval.
It remains to beryllium seen whether the woody boosts Palace's combat to beryllium cleared to play successful European shot adjacent season.
BBC Sport reported connected Thursday that a deal was adjacent betwixt Textor and Johnson for the second to acquisition the 43% involvement successful Palace belonging to Eagle Football Holdings – the multi-club institution owned by Textor.
Insiders with cognition of the negotiations person present indicated that the American businessmen person signed documents to corroborate the sale.
The takeover indispensable beryllium cleared by the Premier League, including Johnson passing the owners' and directors' test.
It is understood that Johnson indicated helium tin transportation the funds quickly, which is believed to person been a important origin successful wherefore his connection was viewed arsenic the astir favourable up of 2 different funny parties, fixed the predicament Palace find themselves with Uefa regarding their introduction into adjacent season's Europa League.
Palace could suffer their spot successful Europe, earned by winning past season's FA Cup, connected the ground of Textor's perceived engagement astatine Selhurst Park.
European football's governing assemblage Uefa is ascertaining whether Palace breach its rules regarding teams nether 1 multi-club ownership operation competing successful the aforesaid European competition, fixed Textor has a involvement successful French nine Lyon, who person besides qualified for the Europa League.
It remains to beryllium seen whether the process of Textor selling his involvement successful Palace influences Uefa's last decision.
Johnson, 78, is simply a erstwhile United States ambassador to the United Kingdom who bought the NFL's New York Jets successful 2000.
He is 1 of the heirs of the Johnson household that founded the Johnson & Johnson pharmaceutical company.
The Bloomberg Billionaires Index estimated his wealthiness astatine astir £6.8bn ($9.18bn) successful 2024.
Palace person drawn involvement from different parties successful America, too.
Well-placed sources person indicated that a globally renowned amusement elephantine based successful Florida has shown an interest, portion different consortium that includes the NBA prima Jimmy Butler has besides been linked.
Sources adjacent to concern conveyance Sportsbank – which was named arsenic the preferred bidder to bargain into Eagle astatine a constituent past twelvemonth erstwhile Textor was looking for concern – person besides shown an involvement successful making an offer.
Uefa is expected to marque a determination connected whether Palace tin enactment successful the Europa League by the extremity of June.
English (US) ·