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Crystal Palace resume sale talks with American group

Crystal Palace have resumed sale talks with an American consortium.

The Mirror says Palace were on the brink of agreeing a deal earlier this year, but hard bargaining over the value of the club appeared to have scuppered the plans.

But the group of investors from the United States, linked to private equity firms Apollo and Blackstone, are back at the negotiating table and hoping to finally tie up an agreement.

After previous talks, Eagles chairman and co-owner Steve Parish was keen to clarify that this wouldn't be a takeover — merely much-needed investment to take Palace to the next level.

Parish is keen to retain his stake in the club and Steve Browett, who also owns 25 per cent, was slated to keep a small percentage in the original investment talks.

Jeremy Hosking and Martin Long are expected to sell their interests in the club.

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