Categories: USAWorld News

John Textor close to selling his shares in Crystal Palace to an American-Saudi group

Eagle Football Holdings could soon see its coffers replenished. This Monday, The Athletic revealed that a group backed by investors from Saudi Arabia and the United States has signed an exclusivity agreement to buy the shares held by John Textor, president of the Lyon club.

The offer, estimated at 178 million euros, would allow them to acquire the 45% that the American owns in the Premier League club Crystal Palace. If the proposal meets the conditions of the exclusivity agreement, it will be subject to approval by the Premier League. Good financial news for Olympique Lyonnais, a few days before the DNCG appeals committee.

remon Buul

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