Crystal Palace co-owner John Textor is looking to sell his majority stake in the club and has expressed interest in potentially buying Everton or a Championship club. The American businessman, who also owns stakes in other football clubs like Lyon, Botafogo, and RWD Molenbeek, has instructed a group to find a buyer for his 45% share in Palace. Despite the team’s recent success in the Premier League, Textor believes his integrated sporting model may not be the best fit for the club.
Textor’s decision to sell his stake at Palace comes as the team achieved a 10th place finish in the Premier League this season. The co-owner has mentioned potential interest in Everton, but is mindful of the exclusive period the current owners have with another group until the end of May. While keeping an eye on the situation, Textor wants to ensure any potential involvement with Everton is welcomed by all parties involved.
With plans to explore new opportunities in English football, Textor’s move to sell his Palace stake reflects his commitment to finding the right fit for his integrated sporting model. While eager to contribute to the future of Palace, Textor remains open to new ventures, including possibly acquiring Everton if the right circumstances present themselves. In the ever-evolving landscape of football club ownership, Textor’s strategic decision-making highlights the importance of compatibility and collaboration in the success of any club.