According to The Athletic, a U.S.-Saudi investment group has signed an exclusivity agreement to acquire a 45% stake in Crystal Palace held by Eagle Football.
The group includes Dallas Mavericks coach Jason Kidd and entrepreneurs Mansoor and Haider Syed, who lead the fund backing the acquisition.
The initial offer fell short of John Textor’s valuation, the main shareholder of Eagle Football, but was later raised to approximately $185 million.
The deal’s completion is contingent on Premier League approval and meeting contractual conditions.
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