Crystal Palace's $120 Million Sale Scoop: American Billionaires Seek New Ownership

Reports suggest the U.S. billionaire owners of the English Premier League club Crystal Palace are considering selling the team. Bankers at Raine Group are handling the process. Significant shareholders include American investors and fan Steve Parish. Crystal Palace recently celebrated success with trophy victories under its former manager.

The Financial Times has reported that the U.S. billionaire owners of Crystal Palace are exploring the potential sale of the English Premier League club. Insider sources revealed the club has engaged Raine Group bankers to oversee the process, which includes various options such as a full sale.

Crystal Palace's current leadership structure includes significant stakeholders—American investors Josh Harris, David Blitzer, and Woody Johnson. Steve Parish, a devoted fan, has served as executive chairman since 2010. Johnson, a former U.S. ambassador to the U.K., completed a high-value acquisition of a 43% stake in the club in July 2025.

The timing of the report coincides with Palace's appointment of Pierre Sage as their new manager, following Oliver Glasner's departure. Glasner led the club to major victories, securing the FA Cup and the Conference League this year. The Financial Times' claims could not be independent verified by Reuters at the time of reporting.