U.S. investor John Textor is keen to increase his 40% stake in south London’s Crystal Palace Football Club, according to a person familiar with the matter.
Textor could buy shares from Crystal Palace co-owner Josh Harris if the latter is successful with a bid for rival Premier League club Chelsea FC, the person said, asking not to be identified discussing confidential information.
A company controlled by Harris and others, including private equity veteran David Blitzer, holds roughly another 40% of Crystal Palace, according to accounts filed with the U.K.’s Companies House. It’s likely Harris would need to offload his ...