Global sports firm launches £230m bid to buy Crystal Palace co-owner John Textor out of the club... with the company one of THREE serious bidders for his 45 per cent stake

New Photo - Global sports firm launches £230m bid to buy Crystal Palace co-owner John Textor out of the club... with the company one of THREE serious bidders for his 45 per cent stake

Global sports firm launches £230m bid to buy Crystal Palace co-owner John Textor out of the club... with the company one of THREE serious bidders for his 45 per cent stake


A global sports investment group are understood to have made an offer for a 45 percent stake in Crystal Palace. The deal from Sportsbank, a group made up of a collection of investors from North America, Canada, Europe and the Gulf, is understood to be worth in the region of £230million, though that amount is unconfirmed. The offer would value the Selhurst Park club at £500million. The bid is for co-owner John Textor's shares in Palace.
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