Steve Parish won't cut ties with Crystal Palace should the club be sold.
The London Evening Standard says reports last weekend suggested Parish would keep just a 10 per cent share in Palace if a deal was agreed with American businessman Josh Harris.
But Parish has always stressed that any deal will be done on his terms and CPFC 2010, the four partners who have owned Palace since 2010, do not want to lose control of the club.
Negotiations are ongoing with different investors and the complexity of the deal has made it a lengthy process. They are under no pressure to reach an agreement and no deadline has been set on finalising the deal.