Skip to main content
Advertisement
Advertisement

Sport

US billionaire owners of Crystal Palace explore sale, FT reports

US billionaire owners of Crystal Palace explore sale, FT reports

Soccer Football - Premier League - Crystal Palace v Leeds United - Selhurst Park, London, Britain - March 15, 2026 General view inside the stadium before the match REUTERS/Isabel Infantes

16 Jun 2026 05:40AM (Updated: 16 Jun 2026 06:15AM)

June 15 : The U.S. billionaire owners of Crystal Palace are exploring a sale of the English Premier League club, the Financial Times reported on Monday, citing people with direct knowledge of the matter.

The club had appointed bankers at Raine Group to handle the process and was open to a variety of options including a full sale, the report added.

Crystal Palace did not immediately respond to a request for comment.

Palace are led by four "significant shareholders" - American investors Josh Harris, David Blitzer and Woody Johnson, alongside lifelong fan Steve Parish, who has served as the club's executive chairman since 2010.

CNA Games
Show More
Show Less

Johnson, a former U.S. ambassador to the U.K. and co-owner of the New York Jets, completed his purchase of Eagle Football Holdings' stake in Crystal Palace in July 2025 with British media reporting that the deal was worth close to 190 million pounds ($120.70 million), with Johnson purchasing a 43 per cent stake.

The report came on the day that Palace appointed Frenchman Pierre Sage as manager to succeed Oliver Glasner after a historic, trophy-laden period for the South London club.

Glasner, who departed last month at the end of his contract, guided Palace to the first major silverware in their history by defeating Manchester City to lift the 2025 FA Cup, before doubling the club's trophy tally in May with a victory over Spain's Rayo Vallecano to capture the Conference League.

Reuters could not immediately verify the FT report. 

($1 = 0.7457 pounds)

Source: Reuters
Advertisement

Also worth reading

Advertisement