On Monday, December 19, John Textor’s Eagle Football group became the majority owner of OL Groupe, the organization that owns 89.5% of OL Reign shares. Textor, a U.S. businessman and Crystal Palace shareholder, has been in negotiations with OL Groupe president and former majority owner Jean-Michel Aulas for the last four months.
Part of the reason for the long negotiation was that the sale required the approval of the Premier League, which had requested the agreement of Palace’s shareholders.
Textor, who is the former head of FuboTV, also owns Botafogo in Brazil and RWD Molenbeek in Belgium.