Crystal Palace FC Sold as Woody Johnson and Board Complete €501.6m Takeover Deal!…
London, England Crystal Palace Football Club have officially entered a new era after the completion of a €501.6 million takeover, confirming that Woody Johnson and associated board members have sold their controlling stake in the Premier League club.
The landmark deal, finalized earlier today, sees Christopher Walken confirmed as the club’s new owner, ending months of speculation surrounding Palace’s ownership future. The takeover represents one of the most significant financial transactions in the club’s history.
In an official statement, the club said:
Crystal Palace FC can confirm a change in ownership following the successful completion of a €501.6m acquisition. The club thanks the outgoing ownership group for their commitment and welcomes Christopher Walken as the new owner.
Outgoing stakeholder Woody Johnson praised the club and its supporters, stating that the decision to sell was made in the best long-term interests of Crystal Palace, while expressing confidence in the club’s future under new leadership.
Sources close to the deal suggest that Walken plans to invest heavily in squad development, infrastructure, and long-term competitiveness, signaling strong ambition to establish Palace as a consistent force in English and European football.
Fans have reacted with a mix of surprise, excitement, and cautious optimism as the takeover ushers in a new chapter at Selhurst Park. More details regarding the club’s strategic direction are expected in the coming days.