• Economy
  • Investing
  • Politics
  • Sports
  • Editor’s Pick
Market Gains Updates
Sports

Jets owner Woody Johnson buys stake in Premier League club

by June 24, 2025
by June 24, 2025

Woody Johnson is going international.

The New York Jets owner has become a familiar face across the pond in recent years, having previously served as the United States ambassador to the United Kingdom during President Donald Trump’s first administration. As the NFL’s international marketing rights have expanded, teams began vying for exclusive shares of specific markets.

Johnson’s Jets were awarded marketing rights to the UK, making it the green-and-whites’ second home under the NFL Global Markets program. Eight other teams have those rights.

Now Johnson is digging into the world’s game, buying a stake in the Premier League’s Crystal Palace. The move was announced by the soccer team on Monday, with ESPN reporting the 43% stake owned by John Textor was sold to Johnson for $254 million.

“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,” the club said in a statement.

The sale will have to pass the league’s Owners and Directors’ Test, something that isn’t expected to be a problem.

Johnson bought the Jets for $635 million in 2000, an NFL record at the time. He now adds a second professional sports franchise to his portfolio, a trend that is becoming increasingly commonplace across pro sports. Johnson is set to join a Crystal Palace ownership group that includes Washington Commanders owners, Josh Harris and David Blitzer – who each own 18% of the club.

The Jets owner previously attempted to buy Chelsea F.C. in 2022, noting he became a fan of the team during his time as ambassador.

Now it appears Johnson will be trading in his Chelsea blue for Palace’s red-and-blue.

This post appeared first on USA TODAY
0 comment
0
FacebookTwitterPinterestEmail

previous post
WWE King and Queen of the Ring 2025 bracket, results
next post
Winners and losers of NBA Finals: Shining moment for SGA, OKC

You may also like

Austin Reaves’ big night makes the difference as...

October 27, 2025

Orioles decide on next manager, per reports

October 27, 2025

How the six unbeatens can avoid loss lead...

October 27, 2025

Key fantasy football takeaways from every Sunday NFL...

October 27, 2025

Austin Reaves scores 51 points as Lakers beat...

October 27, 2025

Baseball’s ultimate competitor chasing more rings, Hall of...

October 27, 2025

Former NFL RB arrested in Texas on DWI,...

October 27, 2025

Who will replace Brian Kelly? Seven candidates for...

October 27, 2025

LSU, go ahead and chase Lane Kiffin. But...

October 27, 2025

Why did LSU fire Brian Kelly? What to...

October 27, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Top News

    Target is eliminating 1,800 corporate jobs as it...

    October 24, 2025

    X-ray tables, hidden cameras: The tech in rigged...

    October 24, 2025

    Travis Kelce part of investor group aiming to...

    October 24, 2025

    Trump’s Argentina beef import plan will harm U.S....

    October 23, 2025

    Customers sue sneaker company On over shoes that...

    October 20, 2025

    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 MarketGainsUpdates.com All Rights Reserved.

    Market Gains Updates
    • Economy
    • Investing
    • Politics
    • Sports
    • Editor’s Pick