Plenty of Crystal Palace fans have responded to the news that their club might well be up for sale.
According to City A.M, Palace are seeking out a new potential buyer for up to 90% of the club.
Allegedly, a document has been seen by many bankers to try and facilitate the purchase of at least 75% of the club, either through a single buyer or consortium.
The current major stakeholders, Josh Harris and David Blitzer, are now seemingly looking for a way out after purchasing the main stake in 2015.
Steve Parish, who currently owns a minority stake and is the current chairman, is rumoured to be willing to see his stake dwindle, though he is open to remaining as the club’s chairman.
The club declined to comment on the document – which is apparently dated to September 2019 – and it is understood that it was not drawn up by the club itself.
Many Palace fans had their say on what is a big potential development in SE25.
Here are their responses below…
If true explains why we didn’t spend any money and won’t until sold
— Stripy Andy (@GoldsmithAndy) October 1, 2019
— John C (@johncmaguire) October 1, 2019
prob not gonna happen but imagineeeeeee
— Will (@Will_cons) October 1, 2019
With the US investors wanting out & CPFC short on funds for Stadium development & signings etc it is
likely we are seeking new investors. My hope would be that Steve Parish would stay on to guide the Club forward but most major investors would want to acquire overall control.
— neil ogilvie (@neiog) October 1, 2019
— LFizzia (@LFizzia) October 1, 2019
— Dazron (@buddhazron) October 1, 2019
Please just don’t do this to me
— Ben Richards (@BenRich27) October 1, 2019
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