New York Jets owner Woody Johnson has agreed to purchase a stake in Crystal Palace from American businessman John Textor, the English Premier League soccer franchise announced Monday.

Woody Johnson is in the football ownership business once again. In addition to owning the New York Jets, Johnson has agreed on a £190 million deal ($254 million) to buy a 43 percent stake in London's Crystal Palace Football Club. Crystal Palace, who compete in the English Premier League, announced the update on Monday:

Johnson, a former U.S. ambassador to the United Kingdom, has agreed to purchase a stake in English soccer club Crystal Palace from American businessman John Textor, the club announced on Monday. ESPN reported that Johnson is purchasing a 43% stake from Textor as part of a $254 million deal.