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Palace Major Shareholder Trying to Find Funds to Complete Lyon Takeover

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Mbappe running with the ball against Lyon defenders

Crystal Palace co-owner John Textor was successful with his bid to take over the French Ligue 1 side, Lyon. However, he’s now in search of the funds as the deal is worth a whopping $799 million.

The American businessman is looking to acquire around 66% of the club’s shares which would obviously make him the majority shareholder. He’s already received investment from Cannae Holdings, which is controlled by Billy Foley who also owns the Nevada-based NHL team, Vegas Golden Knights.

With only two weeks left before the sale deadline, Textor is busy finding investment from people that he knows to get it over the line.

John Textor owns roughly 40% of Crystal Palace along with the other Eagles’ owners, Steve Parish, Josh Harris and David Blitzer. As we’ve reported before, Textor has bought up majority stakes in other football clubs including RWD Molenbeek in Belgium and Brazilian side Botafogo.

If his sports investment company, Eagle Football Holdings LLC, is successful in acquiring 66% of Lyon’s shares then he would have spent well over $1 billion in a short space of time.

Crystal Palace’s academy players are already benefitting from this multi-club approach. For example, Luke Plange is currently on loan at RWD Molenbeek where Textor is a majority shareholder.

There are always arguments against the multi-club system as some of the teams under the same ownership can end up as ‘farms’ for the bigger clubs. Meaning that they will sell the best players to the larger clubs in the group.

John Textor has already come out and said that this isn’t his plan, but we’re likely to see more academy players going out on loan to these other clubs that Textor and Harris, and Bitzer own.

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Palace’s September fixtures with Man United & Brighton Postponed

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Hand and pen with 'reschedule' written in black and red

With the Premier League season only six matches in, September is set to be a quiet month for Crystal Palace. Eagles fans already knew that the match with rivals Brighton & Hove Albion on the 17th of September would be cancelled due to another train strike across the country.

Then, the surprise death of Queen Elizabeth II meant that all Premier League matches were called off as a sign of respect. This means that Crystal Palace would have only played one fixture in September, the 1-1 draw away to Newcastle.

Crystal Palace vs Man United Match Postponed

The Crystal Palace fixture with Manchester United was postponed due to the Queen’s death. The two teams were set to face each other on the 12th of September in a Monday night clash at Selhurst Park.

Every other Premier League match was also called off over the weekend and this is why the match didn’t go ahead as a sign of respect. The difficult part now is to find when this game will be played.

Manchester United already have a packed fixture list due to the Europa League group matches and with Palace’s fixture with Brighton also being cancelled it’s going to be hard to reschedule them before the start of the World Cup in November!

Crystal Palace vs Brighton Match Postponed

Crystal Palace’s fixtures for their match against rivals Brighton was postponed due to train strikes on the day of the match. The majority of Palace fans would have got the train from Croydon and this obviously wouldn’t have been possible with the strikes.

The fans and players of both clubs look forward to this fixture each season so for it to be pushed back is disappointing. Brighton will have a new manager when the two teams do end up meeting as Graham Potter left the Seagulls to join Chelsea this month.

We’ll wait to hear when the Premier League finds a new date for this away match against Brighton.

When is Crystal Palace’s next match?

The fact that these two matches were postponed and with the international break taking place due to the Nations League fixtures, Palace’s next match isn’t until 1st October against Chelsea. 

Funnily enough, Graham Potter’s first Premier League match with new club Chelsea will be against Palace after he joined from Brighton in September. The players that aren’t involved in the international matches will have some time off although they’ll still be training to keep their match fitness levels up.

This extended break could also mean that injured players like James McArthur, James Tomkins and Jack Butland are fit to return to team training and even feature in the squad.

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Crystal Palace Unveil New Away Kit for 22/23 Season

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Crystal Palace Away Kit 2022/23

Crystal Palace have released photos of the new away kit and it looks like it’s a hit with the fans. The kit is all white with the club’s famous red and blue colours in the centre of the kit. You can see what it looks like in the image above.

As we reported, Palace have changed the front of shirt sponsor from the betting website W88 to the specialist used cars sales website cinch. As well as this, Macron replaced Puma as the technical kit partner so all three kits will have a different feel to them than in previous years.

You can see more photos from the away kit release photo shoot below.

The release date for the home kit is still not known, but we expect it to look as good, if not better, than the new away kit above.

Palace fans can now preorder the kit via the shop on the club’s website or else it will be for sale in shops from August.

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Crystal Palace Strike Kit Deal With Macron

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Crystal Palace & Macron Logos

Crystal Palace have announced that next season’s kit will be made by the Italian technical kit brand, Macron. The Eagles worked with this brand back in 2014 until 2018. Macron will replace the current technical kit provider Puma in this upcoming season.

The club’s press release didn’t announce the contract length with Macron but it will most likely be more than just the one season. Macron is older than you think after it recently celebrated its 50th year in business.

The Italian company knows what is needed for sports kits as they are the third largest technical brand in European football. They also have a large chunk of the European rugby market.

This deal comes a month after the main front of shirt sponsor was announced. Asian betting brand W88 is being replaced by the second-hand car website, cinch.

Crystal Palace commercial director Barry Webber said: “Macron is an ambitious sports brand known for its innovation in materials as well as its style, and having formed an excellent working relationship with them in the past, we are pleased to be collaborating on Crystal Palace kits once again.

“We look forward to presenting the new strips to supporters in the coming weeks, alongside our new front of shirt sponsor Cinch”.

Macron Senior Sports Marketing Manager Ross Cook, said: “We are delighted to be working again with Crystal Palace Football Club having had such a positive relationship together, and to re-partner with such a strong club which has a long and rich history, is something very special for us.

“We have already started working hand in hand with the club to develop unique and exclusive collections created for their elite athletes as well as an extended apparel range for fans, all of which are driven by technical innovation, stylistic research, attention to detail and Italian flair alongside adapting to the club’s history and traditions.”

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