Woody Johnson, owner of the New York Jets, has proposed a $190 million bid to buy John Textor's 44.9% stake in Crystal Palace. The offer comes as UEFA delays a decision regarding the club's qualification for next season's Europa League. Backed by co-chair Steve Parish, Johnson's offer falls significantly short of Textor's valuation of $240 million. Despite the lower bid, Textor seems open to negotiations and may accept up to $50 million less, considering the interest from minority investors, including a consortium with NBA star Jimmy Butler.
Woody Johnson, the Jets owner, has proposed a $190 million offer for John Textor's stake in Crystal Palace, amidst UEFA's pending decision on the club's Europa League future.
Though Johnson's offer is backed by co-chair Steve Parish, it's significantly lower than Textor's valuation of $240 million for his 44.9% stake in the club.
Textor appears willing to negotiate, stating he may accept a bid up to $50 million less than his original valuation, contingent on better offers from other investors.
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