Palace chairman reveals potential need for external investment while talking about the club's work in the community
28 November 2019
Crystal Palace have launched costly plans for redevelopments of their academy site and Selhurst Park.
In order to fund the projects, Crystal Palace's chairman has opened up about the potential need for external investors.
The chairman revealed the need while talking to the Evening Standard about the club's work in the community.
Crystal Palace launched ambitious plans in the summer and might have to seek external investment in order to obtain the required funds, as the plans include a £20 million redevelopment of their academy site and a £100 million redevelopment of Selhurst Park.
The club's chairman, Steve Parish, is definitely open to the idea, although any deal is unlikely to see him sell his 18 per cent share, according to the Evening Standard.
"We are looking at ways where we can get some more external funding to help us in those areas," said Parish.
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