Eagle Football Consortium Official Statement: Intention to Sell Crystal Palace Shares and Pursue Full Acquisition of Everton

On August 23, John Textor, the chairman of the Eagle Football Consortium, released an official statement confirming that following the unsuccessful attempt to purchase Crystal Palace, the consortium will be selling its shares in the club and will focus on acquiring another Premier League team, Everton.

The official statement reads as follows:

We can confirm our intention to sell our shares in Crystal Palace, primarily with the aim of establishing a relationship with Everton Football Club.

We remain proud of our contributions to Crystal Palace Football Club and did indeed make an offer to acquire the remaining shares at a valuation significantly higher than our previous investment. We did this because we believe that since 2021, Crystal Palace has become a more valuable club, and we have always respected our partners, offering fair terms regardless of circumstances.

However, our offer was not responded to, and we believe that like us, our partners at Crystal Palace wish to retain ownership of the club. While we are proud to have been part of Crystal Palace’s resurgence, Crystal Palace is an independent club run by a steady hand, achieving a level of sustainability that is rare in today’s Premier League. Our integrated sports model at Eagle Football Consortium does not fully align with Crystal Palace.

Recently, Textor secured the rights to acquire Everton, but strict Premier League regulations prohibit one individual from owning two clubs simultaneously. This means he must divest his stake in Crystal Palace before proceeding with Everton.

The Eagle Football Consortium under Textor’s leadership looks beyond British football; they are also the owners of French Ligue 1 club Lyon and Brazilian club Botafogo.