Crystal Palace FC
Woody Johnson investment · 23 Jun 2025
- Buyer
- Woody Johnson
- Seller
- Eagle Football Holdings
- Stake acquired
- 42.9%
- Control
- No
- Reported consideration
- ~€222m
- Implied equity value
- €518m
- League
- Premier League
- Country
- England
- Confidence
- MEDIUM
Buyer profile: Woody Johnson: clubs owned, where they buy next
Woody Johnson acquired 42.9% of Crystal Palace FC from Eagle Football Holdings, announced 23 Jun 2025, closing 24 Jul 2025.
Reported consideration was ~€222m. That implies a 100% equity value of €518m (calculated by us). Reporting placed the club's value at ~€585m.
Nearest pre-acquisition revenue was €222m (FY 2023/24), an equity value / revenue multiple of 2.34x.
- Announced
- 23 Jun 2025
- Closed
- 24 Jul 2025
- Stake after transaction
- 42.9%
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Nearest pre-acquisition financial year: 2023/24
Revenue
Wages
EBITDA
Net debt
Net income
Secondary sale of a non-controlling block: on 22-23 June 2025 Woody Johnson signed a binding contract to buy Eagle Football Holdings' entire holding in CPFC 2010 Ltd, confirmed by the club (s1); the Premier League approved a 42.92% acquisition on 24 July 2025 after an expedited Owners' and Directors' Test and the club confirmed completion the same day (s2, s3).
- Crystal Palace FC statement — Woody Johnson signs binding contract ↗Tier 1 · primary club
2025-06-23 — “Club confirms Robert Wood 'Woody' Johnson 'has signed a legally binding contract to purchase Eagle Football's holding in the Club', completion pending Premier League and WSL approval; thanks John Textor for 'his contribution over the past four years'. No financial terms.”
- Crystal Palace FC — 'Crystal Palace welcomes Woody Johnson' (completion) ↗Tier 1 · primary club
2025-07-24 — “Purchase of Eagle Football's shareholding 'has now been completed'. Johnson 'joins Chairman Steve Parish, Josh Harris, David Blitzer as a partner and director of the club' and has signed the Premier League Owners' Charter. No financial terms.”
2025-07-24 — “'The Premier League Board has approved Woody Johnson's 42.92 per cent acquisition of Crystal Palace FC following the completion of the League's Owners' and Directors' Test'; ratified by an Independent Oversight Panel.”
2025-06-23 — “Johnson signed a binding contract to buy Textor's 43% stake 'in a deal believed to be worth close to £190m'. Eagle 'bought a stake in Palace in 2021 for around £90m'. Johnson's ability to transfer funds quickly favoured his offer over two other interested parties, given the UEFA predicament.”
2025-07-24 — “Completion of purchase of Textor's 43% stake, 'a deal believed to be worth close to £190m'. Palace appealing UEFA's Europa League demotion at CAS; Textor 'bought a stake in the club in 2021 but ends his association with Palace'.”
- The Athletic — Woody Johnson completes purchase of Eagle Football's share in Crystal Palace ↗Tier 3 · media
2025-07-24 — “Premier League approved purchase of a 42.92 per cent stake from Eagle Football Holdings; ODT completed faster than the usual two months given Johnson's 25 years as Jets owner. 'Textor only had a minimal input in any case, with Parish remaining executive chairman'; Johnson likely to contribute to Selhurst Park redevelopment funding.”
- The Guardian — Woody Johnson signs £190m deal to buy John Textor's shares in Crystal Palace ↗Tier 3 · media
2025-06-23 — “'Johnson's offer of £190m for Textor's 44.9% stake was signed on Sunday evening in the US' (22 June). Note: the 44.9% figure conflicts with the Premier League's 42.92%; league figure used.”
2025-06-23 — “'Johnson is set to pay about $215 million to Textor, who owns a more than 40% stake in the team via Eagle, people familiar with the matter have said.' Conflicts with the £190m (c.$254m) UK reporting.”
- The Telegraph — Woody Johnson buys stake in Crystal Palace to stave off threat of European expulsion ↗Tier 3 · media
2025-06-23 — “'Johnson is understood to have paid about £200 million to buy the 42.9 per cent of the club previously owned by US investor Textor'; deal 'values Palace at about £500 million'. Textor 'had neglected to place his shares in Ligue 1 Lyon in a blind trust by the early March deadline'.”
2025-07-11 — “UEFA CFCB demoted Palace to the Conference League: 'Textor's Eagle Football owns a 43% stake in Palace and a 77% stake in Lyon'; 1 March 2025 compliance deadline missed; Palace argued Textor 'does not hold any decisive influence at the club', which UEFA rejected. Lyon took the Europa League place on higher league finish (6th vs 12th).”
- The Swiss Ramble — Crystal Palace Finances 2023/24 ↗Tier 4 · specialist analysis
2025-05-08 — “From the 2023/24 accounts: revenue up £10m (6%) from £180m to a club-record £190m (broadcasting £145m, commercial £31m, match day £13.8m); wages £134m; player amortisation £46m; pre-tax loss widened from £28m to £33m; net interest payable £14m.”
- Palace by Numbers — Palace Accounts 23-24 (Companies House transcription) ↗Tier 5 · specialist analysis
2025-04-11 — “Accounts 'released at companies house': record turnover £190m; operating expenses £213m; loss before tax £35.6m; football creditors £66.5m owed to other clubs at 30 June 2024; players' wages £101.8m; interest and similar expenses £15m.”
- Companies House — CPFC 2010 Limited filing history (group accounts to 30 June 2024, filed 2 Apr 2025) ↗Tier 1 · regulatory filing
2025-04-02 — “Filing history shows 'Group of companies' accounts made up to 30 June 2024' (34 pages, filed 2 Apr 2025), accounts to 30 June 2025 (filed 26 Apr 2026), and the appointment of Robert Wood Johnson as a director plus a new charge registered 4 Aug 2025. Index page verified; PDF figures relied on via s11/s12 transcriptions.”
- Matchday Finance — Crystal Palace Financial Results 2023/24 ↗Tier 5 · specialist analysis
2025-04-30 — “Turnover £190m; pre-tax loss £36m; 'total outstanding loans of 92 million, including 12 million from shareholders and related parties'; transfer-related debt £65m; £39m share issue in the year, £156m equity raised over three seasons; 'No single figure holds a majority stake.'”
- CAS media release — CAS denies Crystal Palace appeal (CAS 2025/A/11604) ↗Tier 2 · regulatory body
2025-08-11 — “CAS dismissed Palace's appeal against UEFA, Nottingham Forest and Olympique Lyonnais; Panel found Textor 'had shares in CPFC and OL and was a Board member with decisive influence over both clubs' at UEFA's 1 March 2025 assessment date. Palace admitted to the 2025/26 Conference League.”