Jets owner Woody Johnson has bought his stake in Crystal Palace amid the soccer team's dispute over European competition.

The Premier League has approved Woody Johnson’s purchase of a 42.92 per cent stake in Crystal Palace from John Textor’s Eagle Football Holdings. Textor agreed to the sale in late June with the deal becoming subject to ratification by the Premier League and Women’s Super League.

Crystal Palace confirmed Thursday that New York Jets owner Woody Johnson’s purchase of Eagle Football’s shareholding in the Premier League club has been completed. “I am honored and privileged to be joining the ownership group of Crystal Palace Football Club,