Investors announce an exclusivity deal with co-owner John Textor, giving Crystal Palace a boost. Zechariah Janjua, a Palace supporter, is leading Sportsbank.

An exclusivity agreement has been signed by investment group Sportsbank to invest in the company that owns 45% of Crystal Palace. Sportsbank, led by Palace supporter Zechariah Janjua, has stated their intention to make a “significant financial investment” in Eagle Football Holdings.

“The support of significant global financial and strategic management investors” is what the group claims to have.

Additionally, RWD Molenbeek in Belgium, Botafogo in Brazil, and Lyon in France are all owned by Eagle Football Holdings.

“Sportsbank Limited, a sports investment company led by Crystal Palace supporter Zechariah Janjua, announces that it has entered into an agreement with Eagle Football Holdings Limited for an investment which will include a period of exclusivity while due diligence is conducted and relevant commercial and legal agreements are concluded,” read a statement from Sportsbank, which is being advised by seasoned football financier Keith Harris.

With the help of prominent international financial and strategic management investors who firmly believe in Eagles’ multi-club strategy, Sportsbank plans to make a sizable financial and managerial investment in the team.

 

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