Butler participates in the acquisition of Crystal Palace shares! It is expected to follow James and become the boss

On June 12, according to the famous media The Athletic, Warriors star Butler will participate in the acquisition of Premier League club Crystal Palace, and a consortium composed of sports and entertainment executives will try to acquire 43% of Crystal Palace, including Butler.

The consortium is led by former Morgan Stanley sports executive Bejan Esmeley and former Roc Nation lawyer Wajid Mill. Back in January, they reached an exclusive negotiation agreement with John Texter, the largest shareholder of Crystal Palace, but the agreement later expired. The consortium was initially funded by two Saudi businessmen, Haider and Mansour Said, but the two chose not to extend the exclusive period and instead were funded by a U.S. group with extensive experience in football club investment.

It is worth mentioning that Mavericks coach Kidd was once a member of this consortium, but he chose to join the ownership group of another Premier League club, Everton, in April, and Butler later joined the consortium. As a basketball superstar, Butler has expressed his interest in football many times in interviews. He hopes to promote the development of football by participating in the club's operations. He has a good relationship with many football stars, including Neymar.

Crystal Palace Club has performed well in the Premier League in recent years. In the 2024-2025 season, Crystal Palace defeated Manchester City in the FA Cup to win the championship and qualify for the UEFA Cup next season. Butler's joining may bring more resources to the US market for Crystal Palace. The NBA has a huge fan base around the world, and as one of them, Butler's influence can provide new opportunities for Crystal Palace's promotion and business cooperation in the United States. This will not only help to enhance the international popularity of Crystal Palace, but may also bring more commercial sponsorship and cooperation opportunities to the club.

If Butler's consortium successfully acquires 43% of Crystal Palace, it will mean that the overall valuation of Crystal Palace is more than US$465 million (approximately £343 million). At present, proposals for the transaction are still in progress and have not been finalized. The future of Crystal Palace will depend on multiple factors, including whether the acquisition can be completed smoothly, the operating strategy of the new consortium and the club's performance in the UEFA Cup.

However, regardless of the final result, Butler's involvement in the acquisition of Crystal Palace has attracted widespread attention. Can he become a small football club owner like James (Liverpool shareholder)? Let's wait and see!