Crystal Palace’s hopes of playing in Europe next season appear to have been boosted after shareholder John Textor sold his stake in the club to New York Jets owner Woody Johnson. Textor’s shares in Palace threatened to be an obstacle to their participation in the Europa League next season because the American is a shareholder in French side Lyon, who are set to enter the same competition.
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Todd Boehly says Chelsea’s owners could go their separate ways if they cannot agree on the future of Stamford Bridge. Chelsea bosses are considering whether to leave Stamford Bridge or to expand, with Earl’s Court seen as a possible new location. All options are being evaluated with the project said to be complicated by the limited space in London to build.
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Manchester United have confirmed up to 200 more jobs may be made redundant at the club as cuts continue while free lunches for staff at Old Trafford set to end. CEO Omar Berrada says: “We have lost money for the past five consecutive years. This cannot continue”. The planned cuts aim to return the club to profitability.
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Everton’s takeover by the Friedkin Group has been confirmed, ending the turbulent tenure of Farhad Moshiri. A statement issued by the club on Thursday morning said the Toffees had been acquired by Roundhouse Capital Holdings Limited, an entity within the Friedkin Group. The club said the deal, said to be in excess of €486m had received the necessary regulatory approvals.
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