Crystal Palace

Textor has increased his stake in Crystal Palace to more than 40% despite tension after his acquisition of Lypn was delayed by a decision Parish took.

The 57-year-old businessman continues to run the club and is the executive chairman of the managing company which is in charge of the club, with the four partners having equal voting rights on the board. “As of today, we have not yet obtained the consent of Crystal Palace and its shareholders (other than myself), which is a prerequisite for Premier League approval,” Textor said in a statement on 5 December. Textor is believed to have been left extremely disappointed by significant delays he faced in completing the £800m deal for Lyon after Parish initially refused to allow him to switch his shares in Palace to his holding company Eagle Football Holdings.