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Another one? Crystal Palace subject of new American takeover push

American businessman John Textor is eyeing a takeover of Crystal Palace.

The Sun says Crystal Palace are to be the subject of a £220million takeover bid by Textor.

Textor - who is a pioneer in hologram technology - is leading a consortium of wealthy individuals and companies that will look to buy the club.

Negotiations between Crystal Palace and the interested party are in the advanced stages.

Palace's future has been hanging in the balance for quite some time as Steve Parish, along with American duo Josh Harris and David Blitzer, have been actively seeking out investments.

Parish holds an 18 per cent stake in the club and should the consortium decide to buy him out along with more minor shareholders, the total figure of purchase could reach the £200m mark.

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