Media: Crystal Palace on the verge of being sold to mystery consortium

25 November 2019

parish palace
Photo: Getty Images Crystal Palace chairman, Steve Parish (right) should want to continue working for the South London club - also under a potential new ownership.

For half a year it has been rumoured that Palace were up for sale; now it seems a takeover is about to finally happen.

The consortium will spend £215 million to secure all club shares.

The source of the funds, however, remains a mystery.

Steve Parish, the current chairman, wants to remain in a role under the new ownership.

Daniel Nordentoft contact@offthepitch.com

According to the Sun, a mysterious global consortium is just weeks away from buying the club for a total sum of £215 million.

In March this year, the first rumours of Crystal Palace being up for sale were flourishing in the English media. It was the Financial Times who first published the story, and now it seems a takeover is about to finally happen.

Do you want to read this article?

Get instant access by signing up for a 14-day free Premium trial

No credit card, no commitments and it will expire automatically.

You will receive a link that activates your trial in an email.

Already a standard subscriber? Upgrade here