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Eagle Football Holdings is considering selling their 45% ownership in Crystal Palace, which could impact both the team’s future and the Premier League.
Discussions within the company have intensified in the past two weeks regarding the potential opportunity, but they are still in the preliminary stages and there have been no official talks with external parties initiated yet.
If John Textor, the group chairman, decides to sell their stake, which is currently being discussed, it may result in broader modifications. Initial discussions suggest that potential buyers would only be interested if they could obtain majority ownership of Crystal Palace, which would likely require purchasing Steve Parish’s 10% stake due to his significant voting power.
Parish has been a prominent member of the club and a vocal leader among the other 13 teams in the Premier League. He has consistently stood up to the league’s top clubs on important matters concerning the future of the game. As one of the most influential figures in the Premier League, his potential departure from Palace could significantly alter the league’s dynamics.
Purchasing a share in the current Premier League fixture presents a dwindling opportunity, as private equity firms are highly interested in the league’s significant worldwide appeal.
At this time, the potential sale is still in its early stages. No bank has been officially chosen to start the process. However, the concept has been extensively discussed and has been shared with potential buyers.
In addition to their share in Palace, Eagle Football Holdings also possesses ownership of Botafogo, FC Florida, RWD Molenbeek, and Olympique Lyonnais.
The team has been reached out to for a reply. Crystal Palace refused to provide a statement.
Source: independent.co.uk
