Advertisement League of Ireland Horse Racing TV Listings GAA Fixtures The Video Review Sport meets news, current affairs, society & pop culture Rugby Weekly Extra Dive into all the news and analysis 3 times a week The Football Family Weekly insights from the week’s big talking points Advertisement More Stories Crystal Palace’s hopes of playing in Europe next season appear to have been boosted after John Textor sold his stake in the club. Jordan Pettitt/PA FreeEuro Vision Crystal Palace’s European prospects improve after major shareholder sells stake Uefa multi-club ownership rules threatened Palace’s participation due to Lyon’s presence in the competition. 11.43am, 23 Jun 2025 Share options CRYSTAL PALACE’S HOPES of playing in Europe next season appear to have been boosted after shareholder John Textor sold his stake in the club. Textor’s shares in Palace threatened to be an obstacle to their participation in the Europa League next season because the American is also a shareholder in French side Lyon, who are set to enter the same competition. It looked as though Palace would miss out due to the same Uefa multi-club ownership rules that cost Drogheda United their place in the Europa Conference League. Advertisement However, it’s understood that Textor’s 45% stake in the London club has now been sold to New York Jets owner Woody Johnson. Reports have placed the price between €187 million and €222m (£160-£190m). The sale is subject to Premier League approval, but may now free Palace up to play in the Europa League. The Eagles qualified thanks to their FA Cup final victory over Manchester City last month. Textor, who through his Eagle Football Holdings group also owns a significant stake in Brazilian side Botafogo, initially invested in Palace in 2021. Palace declined to comment. Eagle Football Holdings and Uefa have both been approached for comment. It’s understood a decision regarding Palace’s participation is expected from Uefa before the end of June. Press Association Viewcomments Send Tip or Correction Embed this post To embed this post, copy the code below on your site Email “Crystal Palace’s European prospects improve after major shareholder sells stake”. Recipient's Email Feedback on “Crystal Palace’s European prospects improve after major shareholder sells stake”. Your Feedback Your Email (optional) Report a Comment Please select the reason for reporting this comment. Please give full details of the problem with the comment... This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy before taking part. Leave a Comment Submit a report Please help us understand how this comment violates our community guidelines. Damaging the good reputation of someone, slander, or libel. 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