Woody Johnson Joins Crystal Palace Ownership in £190 Million Takeover
Crystal Palace Football Club has confirmed a major change in its ownership structure, with Woody Johnson—co-owner of the NFL’s New York Jets—officially acquiring a 43% stake in the Premier League side. The £190 million ($256 million) purchase sees Johnson take over the share previously held by Eagle Football, effectively replacing American businessman John Textor.
This high-profile acquisition brings fresh energy and direction to the South London club as it prepares for a crucial season both on and off the pitch. Johnson, known for his significant influence in American sports and politics, now joins the existing ownership consortium made up of chairman Steve Parish and fellow American investors Josh Harris and David Blitzer.
The move comes at a pivotal time for Crystal Palace. In recent months, the club has faced uncertainty regarding its European participation due to concerns over multi-club ownership rules, primarily linked to Textor’s involvement with Olympique Lyonnais. Johnson’s entrance is expected to ease those regulatory concerns and strengthen the club’s case in its ongoing appeal to the Court of Arbitration for Sport (CAS), which will decide whether Palace will compete in the Europa League or the Conference League this season.
Beyond the legal and regulatory implications, the ownership change signals broader ambitions for growth. Johnson brings with him a wealth of experience in commercial development and transatlantic sports operations. His arrival could play a key role in expanding Palace’s brand in the U.S. and beyond, while also helping to modernize infrastructure, including the long-planned redevelopment of Selhurst Park.
Club chairman Steve Parish welcomed Johnson’s investment, calling it “a crucial step forward for the club’s future.” Parish emphasized the shared vision and collaborative spirit of the new-look ownership group, noting that Johnson’s addition strengthens their collective ability to compete at the highest level.
With the club celebrating a historic FA Cup triumph last season and aiming to establish itself as a consistent force in English and European football, Johnson’s arrival injects momentum into Palace’s upward trajectory. Fans will now watch closely to see how this new leadership dynamic influences transfer strategies, stadium upgrades, and the long-term stability of the club.
As Palace prepares for the 2025–26 campaign, the message is clear: the Eagles are ready to soar higher, backed by renewed ambition and a restructured boardroom.
