John Textor has agreed a deal to sell Eagle Football’s 43 per cent stake in Crystal Palace to Woody Johnson, the owner of the New York Jets, according to a person familiar with the proposal.
The sale will have to be ratified by the Premier League, with Johnson being the subject of the league’s owners’ and directors’ test, a process which typically takes around two months. But with Johnson having owned the Jets NFL franchise for the past 25 years, it could be completed more quickly.
