New York Jets co-owner Robert Wood Johnson is set to own a 43% stake in Crystal Palace, having signed a legally binding agreement to buy part of the club’s holding company, Eagle Football Holdings, Afrosport reports.
The 78-year-old, who is a former US ambassador to the United Kingdom, is now set to become a partner and director at Selhurst Park. He is also one of the heirs of the Johnson family that owns the global pharmaceutical giant, Johnson & Johnson.
The deal, which is reportedly worth £190 million, is still subject to approval from the Premier League and the Women’s Super League.
“Crystal Palace Football Club can confirm that Robert Wood Johnson, “Woody”, an American businessman and co-owner of the New York Jets, has signed a legally binding contract to purchase Eagle Football’s holding in the Club,” read a club statement.
“Whilst the completion is pending approval from the Premier League and Women’s Super League, we do not envisage any issues and look forward to welcoming Woody as a partner and director of the club.
“We would like to go on record to thank John Textor for his contribution over the past four years and wish him every success for the future.”
We can confirm that Robert Wood Johnson “Woody” has signed a legally binding contract to purchase Eagle Football’s holding in the club.
Full club statement ⤵️#CPFC
— Crystal Palace F.C. (@CPFC) June 23, 2025
Eagle Football Holdings is a multi-club company led by American businessman John Textor, who also has stakes in French club Olympique Lyon and Botafogo of Brazil. He purchased Palace in August 2021 for about £90 million.
The South London club qualified for next season’s Europa League after winning last season’s FA Cup, and Johnson’s stake has eased the risk of losing their spot as Lyon will also be participating in the second-tier European competition, which is a violation of UEFA’s club ownership rules.
