Looks like a takeover could be happening.
Crystal Palace are reportedly on the verge of of confirming a £215million takeover of the club.
The takeover could be finished before Christmas, though the process of the deal is expected to drift into the New Year.
The report also states that the new owners have come from four different groups who were courting the club in the summer.
They included a bid with links to former Manchester City owner Thaksin Shinawatra — and another based in America.
Interest in the summer reportedly stalled when star player Wilfried Zaha handed in a transfer request
However, Palace have started the season well and sit 13th in the Premier League table following yesterday’s unfortunate 2-1 defeat to Liverpool at Selhurst Park.
Josh Harris and David Blitzer, the American financiers who are in co-control of Palace with chairman Steve Parish, have wanted to sell for some time.
It is understood the consortium aims to buy the whole club, including Parish’s 18 per cent holding and the stakes of minor shareholders, at a cost of about £185m.
Clearing £30m or so of debt would take the initial value of the deal to £215m.
A lot of money for the current shareholders. No mention of investment in the actual club.
Assets a playing field with rat infested buildings and a ground with rat infested sheds and Benteke