Team News: The owner of Crystal Palace sells 45% of the shares at a price of over 200 million euros, and the team can play in the Europa League

The Team News reported that Lyon club owner John Tuctor officially signed an agreement with New York Jets owner Woody Johnson on Sunday to transfer his 45% stake in Crystal Palace Club for a price of just over 200 million euros, which may be good news for Lyon in the short term.

78-year-old American billionaire Woody Johnson, who served as the U.S. ambassador to London, is expected to issue a statement in the next few hours confirming the acquisition of 45% of Crystal Palace from Tuctor.

This deal, which took more than a year to reach, still needs to wait for the final approval of the Premier League.

The news may be too late for the Lyon club, which will go to Paris to attend a hearing on the French Professional Football Financial Regulatory Commission on Tuesday, not to mention that it is not clear how much of the funds will be injected into Lyon operations, and the materials for the club to persuade regulators to lift sanctions are already ready.

But in the coming months, this gain is likely to provide additional protection for Lyon, which is good for Lyon, and the deal is also of great significance to Crystal Palace, which will now be able to participate in the UEFA Cup without barriers.