Premier League: Eagle Football wants to sell its stake in Crystal Palace to acquire Everton

News Tank Football - Paris - News #335436 - Published on
©  D.R.
Crystal Palace x Everton - ©  D.R.

"We can confirm that we are interested in selling our interest (45% stake) in Crystal Palace FC (Premier League), largely so that we can pursue a relationship with Everton FC (Premier League)," announced John Textor, chairman and CEO of Eagle Football Group, on his website on 22/08/2024.

"It is true that we made an offer to buy the remaining shares of Crystal Palace, at a valuation that far exceeds levels of prior investment. We did so with a strong belief that Palace has become a much more valuable club, since 2021, and we respected our partners enough to offer fair value, regardless of circumstances. It is also true that our offer did not induce a response, and we believe that our Palace partners have the same desire to remain in ownership as we once did…so our Raine Group efforts to sell our interests resumed," explained Textor. The American investment bank has been mandated by John Textor since May 2024 to identify an investor capable of buying his stake in Crystal Palace.

Eagle Football Group, which also owns Olympique Lyonnais (Ligue 1 McDonald's), Brazilian club Botafogo and…

©  D.R.
Crystal Palace x Everton - ©  D.R.

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