Woody Johnson, the owner of the New York Jets NFL team, is in talks over a £200 million ($27,200,000) investment in Crystal Palace, sources have told ESPN. The potential investment is part of Johnson’s broader strategy to expand his business interests into European football markets. Johnson has been a prominent figure in the NFL for several years, and this move could signal a significant shift in his portfolio.
Crystal Palace, a historic English football club based in London, has been undergoing various changes in recent years. The club’s ownership structure has been a topic of discussion, and this potential investment could have implications for the club’s future direction. Johnson’s interest in Crystal Palace may also reflect his desire to diversify his assets and increase his presence in international sports.
The deal, if finalized, would mark a major milestone for Johnson, who has already made a name for himself in the NFL. It also raises questions about the potential for increased cross-border investments in sports. The sources close to the situation have not confirmed the details of the negotiations, but the development is being closely watched by sports industry analysts and fans alike.