Kieran Maguire shares verdict on ‘£250m’ Crystal Palace takeover – ‘There’s lots of buyers’
Crystal Palace owner John Textor will value the club at around £250million while looking to complete a takeover deal.
That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that there is ‘plenty of interest’ from potential buyers.
As reported by The Independent, Eagle Football Holdings is exploring selling their 45 percent stake in Palace.
Textor, the chairman of Eagle Football Holdings, is understood to want an exit route from the London club.
Palace are currently part of a multi-club network owned by Eagle Football Holdings that includes Botafogo, FC Florida, RWD Molenbeek and Olympique Lyon.
Maguire believes there are ‘lots of positives’ for the owners of Palace when it comes to the club’s value, including their location and academy.
“Crystal Palace have been valued between £220-250million as a club with an established history,” Maguire told Football Insider’s Sean Fisher.
“Now in the Premier League, it has the benefits of being in London.
“They have the opportunity to extend matchday income through the development of Selhurst Park and also the catchment area it has locally in terms of player recruitment and academy development.
“There are lots of positives if you’re on the sales side of the deal.
“Textor will not want to have had his fingers burnt.
“His time at the club has been rocky given his somewhat fraught relationship with Steve Parish.
“I’m sure there’ll be plenty of interest in buyers.“
In other news, Kieran Maguire cites Potter in Crystal Palace manager search as new £4m details emerge