US billionaire owners of Crystal Palace explore sale, FT reports

Industry:    10 hours ago

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.

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% 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.

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