Crystal Palace's aspirations for a successful Europa League campaign have received a significant boost as Woody Johnson, owner of the New York Jets, is reportedly nearing a £190 million deal to acquire John Textor's stake in the club. This development could resolve the multi-club ownership concerns that threatened Palace's participation in the competition.

The issue arose due to Textor's majority ownership of French side Lyon, who have also qualified for the Europa League. UEFA regulations prohibit two clubs with the same ownership group from competing in the same European competition to ensure sporting integrity. This put Crystal Palace's place in the Europa League, earned after their FA Cup victory against Manchester City, in jeopardy.

To address these concerns, Crystal Palace has been actively engaging with UEFA to demonstrate that Textor does not have decisive influence over the club's operations. The offer from Johnson, with the backing of Palace co-chair Steve Parish, is under consideration by Textor. While the offer falls short of Textor's valuation, he may be willing to accept less to resolve the situation swiftly.

The potential acquisition by Johnson has been viewed positively, with many believing it will satisfy UEFA's requirements and allow Crystal Palace to compete in the Europa League. Securing their place in the competition is crucial for several reasons. Firstly, it represents a historic opportunity for the club and its fans to experience European football. Secondly, participation in the Europa League enhances the club's profile, attracting better players and increasing revenue streams. Thirdly, it validates the progress made under manager Oliver Glasner, who has already delivered the FA Cup and improved the team's performance.

With the Europa League seemingly within reach, Crystal Palace are actively planning for the upcoming season. Glasner has expressed the need for a larger squad to cope with the demands of European football, and the club is targeting several key signings. They are reportedly close to announcing the arrival of goalkeeper Walter Benitez and are also interested in bolstering their defense and attack. Sporting CP's Ousmane Diomande, a highly-rated young defender, is reportedly close to joining the Eagles. The club is also looking to add new attacking midfielders, with Lyon's Rayan Cherki and Southampton's Mateus Fernandes among the potential targets.

However, Crystal Palace may face challenges in retaining their key players. Marc Guehi is expected to be sold, and there is interest in Eberechi Eze and Jean-Philippe Mateta. The club will need to balance their ambition to compete in Europe with the potential loss of key personnel. Mateta is reportedly in talks to extend his contract with Crystal Palace.

Despite these challenges, the prevailing sentiment around Crystal Palace is one of optimism. The potential arrival of Woody Johnson, coupled with strategic signings, has raised hopes that the club can make a significant impact in their debut Europa League season. The club is determined to do everything possible to ensure their participation and embrace the opportunity to compete on the European stage.