Crystal Palace is not only a Premier League club anymore, as it can be considered a case for the study regarding the functions of a multi-stakeholder partnership, given its current management turmoil, which threatens its participation in the Europa League next season. The legal profession problem for the Eagles began when the club won the FA Cup in 2025 and got a spot in the European tournament. According to UEFA rules, a club owner, who has majority stakes in another European club, can not be part of the management of two clubs at the same time. Crystal Palace Owners have formed a five-person partnership headed by the majority stakeholder, John Textor, the CEO of Eagle Football Holdings, having owned a 45% stake at the Eagles.
Textor is also a shareholder in three different football clubs - Lyon, Botafogo, and RWD Molenbeek, and this venture of his has led to the violations of UEFA's multi-club ownership rules. These five influential businessmen currently have an estimated net worth of around $16 billion, reflecting the Premier League club's financial strength currently. However, with the threat of a ban in UEFA competitions looming over the horizon, the major shareholder, Textor, is believed to be open to selling his 43% in Crystal Palace to the New York Jets Owner, Robert Johnson. The Eagles have had a modest season in the English top flight, having finished the league in 12th place, but all woes went under the shade following their resounding 1-0 victory against Manchester City in the FA Cup final, leading them to the qualification of next year's UEFA Europa League.
Who are Crystal Palace Owners?
With English football bracing itself for the probable change in the leadership of a few clubs, fans are mulling over a significant question: Who is the owner of Crystal Palace Football Club? The Crystal Palace owners have already formed a complex model following the entry of John Textor into the scene in 2021. Currently, the Premier League outfit is governed by five owners - John Textor, Steve Parish (10%), Josh Harris (18%), David Blitzer (18%), and Robert Franco (5%). However, since the 43% shares takeover by the major shareholder of Lyon FC, Textor, things have not gone well in this syndicate as it looks from the outside, with the power pipeline being tangled in tense decisions.
Other Sports Teams Owned by Crystal Palace Owners
The five-man syndicate is currently running the leadership module of Crystal Palace, with John Textor, the US tech tycoon, owning the 43% share in the club. These owners are highly influential businessmen, billionaires, and philanthropists, who have a keen interest and stake in the beautiful game of football. They are not only invested in the Eagles, as their fingers are in many pies currently.
Crystal Palace Owner | Other Sports teams owned |
John Textor | Olympique Lyon, Botafogo, RWD Molenbeek and FC Florida |
Josh Harris and David Blitzer | Philadelphia 76ers (NBA), New Jersey Devils (NHL) and FC Augsburg |
Crystal Palace Owners' Primary Business
The primary Crystal Palace owner, John Textor, is a renowned figure in digital media and tech, and has earned millions of dollars in his different business ventures before shifting to football. The two other co-owners, Harris and Blitz, are two juggernauts in private equity management and built Apollo Global Management in the heart of the UK. The current Crystal Palace chairperson, Parish, is a popular businessman who owned Tag Worldwide before entering the TV production and advertising world. The fifth man of the club's leadership team, Franco, has also had ties with the ed-tech community.
Crystal Palace Owners Net Worth
Since the leadership evolution at Crystal Palace, the club has always been in the hands of wealthy owners, starting with the oldest member, Josh Harris and David Blitzer. The Crystal Palace owners net worth combinedly is estimated to be approximately $16 billion, as of 2025, with various sources recording different figures in this.
Year | Total net worth (approx) |
---|---|
2025 | $16 billion |
2024 | $14.5 billion |
Crystal Palace Owners' History: From Past to Present
The revolution of Crystal Palace Football Club owners began back in 2010 when the English side faced a dire financial crunch. Four wealthy businessmen formed the famous “CPFC 2010” and bought the club and its iconic “Selhurst Park” stadium from the then-owner of Crystal Palace, Lloyds Bank. In 2015, American money was invested by two wealthy US sports clubs' owners, Josh Harris and David Blitzer, having acquired 18% stakes each.
Finally, the five-man consortium was formed by the arrival of the Lyon co-owner, John Textor, who injected further funds to buy 43% shares in Palace through his company, Eagle Football. Now, the club faces a potential ban from participating in next year's Europa League due to the latest owner, Textor's majority stake in two clubs. According to the rule of UEFA, two teams with the same ownership can not play in the same tournament unless shares in one club are deposited in a blind trust. The American tech tycoon failed to do so with his Lyon or Crystal Palace shares before the deadline of 1st March. Now, in the wake of the English club breaching the multiple ownership rules, Textor has reportedly reached an agreement with the New York Jets Owner, Woody Johnson, to offload his stake in the Eagles for $245 million, a deal which is set to make the latter the Crystal Palace's new owner.