Crystal Palace nearing takeover completion

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Friday’s Financial Times released a report that may have caught the attention of the Crystal Palace faithful as it claimed their club was nearing takeover.

Crystal Palace have gone from strength-to-strength in recent years. After the club was bought out of administration by a group of wealthy fans, headed by Steve Parish, just 5 years ago, the club haven’t looked back.

Having established themselves back in the Premier League after Tony Pulis’ miracle-working last year, negotiations have been on going with American Investors, led by billionaire John Harris, who has voiced his interest in owning a Premier League Club for some time.

After Neil Warnock’s sacking around Christmas the negotiations seemed to halt, but with the resurgence under Alan Pardew since then the negotiations have been productive and a £90million takeover seems close.

This will not only bring guaranteed financial stability to the club but also sees a new owner keen to invest and improve the club at the helm, which could mean for an interesting summer transfer window at Selhurst Park.

Palace play at home to QPR in Saturday’s early kick off and the team will no doubt want to impress any prospective new owners.


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