Good news amid trouble with UEFA.
Crystal Palace is on the verge of being excluded from European competitions due to multi-ownership issues, but the Eagles might avoid sanctions as the root cause could soon be resolved.
John Textor, who owns 43% of the club’s shares, has reached an agreement to sell his stake to American billionaire Woody Johnson, the owner of the NFL’s New York Jets.
The deal still needs to be approved by the Premier League, but the process could be expedited since Johnson has owned the American franchise for a quarter of a century. This could also pave the way for Crystal Palace to participate in the Europa League. UEFA will take into account the fact that the sale process began last year.