- John Textor has sold his 42.9 per cent stake in Crystal Palace to Woody Johnson for approximately £200m.
- The sale was made to comply with UEFA's multi-club ownership rules and secure Crystal Palace's participation in next season's Europa League.
- UEFA regulations prevent multiple clubs under the same owner from competing in the same European competition, a conflict arising from Textor's ownership of both Palace and Lyon.
- Crystal Palace had previously failed to adapt their shareholding structure by UEFA's March 1 deadline, putting their European qualification at risk.
- The transaction, which is subject to Premier League approval, is expected to clear the path for Palace to retain their place in the Europa League.
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