Mirror Football revealed this week that private equity investors were back at the negotiating table with the Eagles as chairman Steve Parish looks to fund stadium redevelopment at Selhurst Park. Continue
Eagles chief Parish will stay in charge in SE25, and none of the investing parties will exceed his shareholding in the club as he looks to safeguard Palace's future.
The other three members of the CPFC 2010 consortium who saved the club from administration five years ago are now set to remain with minority stakes.
It was previously understood that two were willing to end their financial involvement with the club.
Talks between the investors, led by Joshua Harris, owner of NBA side the Philadelphia 76ers and NHL franchise the New Jersey Devils, broke down earlier this year when Palace believed the club had a higher valuation due to the impending television rights deal.
With the Premier League having now secured a £5billion TV package for the UK alone, the financial outlook for the Eagles is the brightest it has ever been and the feeling from the investor's side is that the south London outfit represent far better value than other Premier League clubs who are up for sale, including Aston Villa and West Brom.
source: Mirror
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