The US billionaire ownership group behind Crystal Palace FC has decided to test the market, appointing investment bank Raine Group to explore strategic options that include a full sale of the Premier League club.
The consortium, which counts Apollo co-founder Josh Harris, sports investor David Blitzer, and New York Jets owner Woody Johnson among its principals, is considering multiple paths forward. A complete change of hands is on the table, but so are alternative structures designed to bring fresh capital into the south London outfit without necessarily handing over the keys entirely.
What we know about the process
The Raine Group is no stranger to Crystal Palace. The firm has previously handled equity stake sales involving the club, making it a natural choice to quarterback a more comprehensive review of the ownership structure.
The timing here matters. Crystal Palace’s ownership picture has been shifting for over a year now. John Textor’s Eagle Football Holdings, which previously held roughly 45% of the club, divested that stake back in July 2025. That exit came amid financial turbulence for Textor’s broader football empire, including administration proceedings and creditor actions linked to Ares Management.
