Investors boost Crystal Palace by announcing exclusivity deal with co-owner John Textor
- Sportsbank Group fronted by two Crystal Palace fans
- Firm set to invest £230m in Eagle Football Holdings
Sportsbank, a group of investors fronted by two Crystal Palace supporters, has announced that it has signed an exclusivity agreement with John Textor’s Eagle Football Holdings – the south London club’s co-owner – and intends to make a “significant financial investment”.
A statement on Wednesday from Sportsbank, which is led by Zechariah Janjua and Navshir Jaffer and is understood to include investors mainly from the United Arab Emirates but also North America, Canada and Europe, confirmed that it has entered a period of exclusivity while due diligence is conducted. It is understood that they have agreed to invest around £230m in Eagle Football, which owns a 45% stake in Palace as well as French club Lyon, Brazilian side Botafogo and RWD Molenbeek in Belgium.
Continue reading...
Read more at The Guardian
Topics
-
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
After a contentious negotiation, the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract.CNBC - 8h -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 1d -
The FuboTV-Hulu deal was good for investors. There’s a silver lining for viewers too.
Live-TV streaming offerings are still far cheaper than cable and there may be more affordable bundles.MarketWatch - 22h -
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns ...CBS News - 23h -
Premier League clockwatch: Man City 4-1 West Ham, Crystal Palace 1-1 Chelsea and more – live
Southampton 0-5 Brentford, Villa 2-1 Leicester Bournemouth 1-0 Everton | ">Email Scott here It’s 3pm. Whistles sound all across the land. Here we go!. There were three early kick-offs in ...The Guardian - 4d -
Mateta earns Crystal Palace late draw as Chelsea’s changes fail to improve form
Chelsea are yet to move on from the title challenge that never was. Carelessness is weighing them down at both ends of the pitch and, as Enzo Maresca left after this draw with a spirited Crystal ...The Guardian - 4d -
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns ...CBS News - 4d -
Where to watch Crystal Palace vs. Chelsea: Premier League live online, TV, prediction and odds
Eagles host wounded Blues with both looking to start 2025 with a winCBS Sports - 5d -
Chelsea FC co-owner pays £56mn for London penthouse
Purchase by billionaire Behdad Eghbali is one of largest UK property deals of 2024Financial Times - 5d
More from The Guardian
-
California wildfires: officials say significant fire growth is likely as flames spread to Hollywood Hills – live
Officials said they were dealing with five major fires, which have destroyed almost 2,000 structures and forced 130,000 people to evacuate. Full report: wildfires spread to hills above Hollywood ...The Guardian - 22m -
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...The Guardian - 3h -
Meta has ‘heard the message’ from Trump, says whistleblower Frances Haugen
Mark Zuckerberg’s move to end factchecking in US reflects president-elect’s views on social media, says Haugen. Mark Zuckerberg has “heard the message” from Donald Trump on restricting online ...The Guardian - 22m -
Jimmy Carter funeral: casket departs Capitol for memorial service at Washington national cathedral – latest updates
Former president’s funeral service to be held at Washington national cathedral before he is laid to rest in Georgia. Members of the military have carried Jimmy Carter’s casket down the steps of ...The Guardian - 6m -
Chad’s government says 19 killed during foiled attack on presidential complex
‘Destabilisation attempt’ in N’Djamena blamed on ‘disorganised’ group of assailants armed with knives. Eighteen assailants and one presidential guard died during a foiled attack on the presidential ...The Guardian - 1h
More in World
-
Bond market turmoil eases as Treasury minister says ‘no need’ for government intervention – business live
Lib Dems say chancellor should stay and make emergency fiscal statement and also cancel planned national insurance hike. Reeves’ fiscal rules non-negotiable in face of bond sell-off, deputy ...The Guardian - 5m -
Jimmy Carter funeral: casket departs Capitol for memorial service at Washington national cathedral – latest updates
Former president’s funeral service to be held at Washington national cathedral before he is laid to rest in Georgia. Members of the military have carried Jimmy Carter’s casket down the steps of ...The Guardian - 6m -
Musk ‘lying like hell’ over AfD interview, says ex-EU tech leader
Thierry Breton says EU is not trying to censor tech chief’s discussion with Alice Weidel of German far-right party. A former EU leader on tech has accused Elon Musk of “lying like hell” by claiming ...The Guardian - 17m -
Meta has ‘heard the message’ from Trump, says whistleblower Frances Haugen
Mark Zuckerberg’s move to end factchecking in US reflects president-elect’s views on social media, says Haugen. Mark Zuckerberg has “heard the message” from Donald Trump on restricting online ...The Guardian - 22m -
California wildfires: officials say significant fire growth is likely as flames spread to Hollywood Hills – live
Officials said they were dealing with five major fires, which have destroyed almost 2,000 structures and forced 130,000 people to evacuate. Full report: wildfires spread to hills above Hollywood ...The Guardian - 22m