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Crystal Palace agree £100m investment deal - but Steve Parish remains in charge
CRYSTAL PALACE have agreed a £100million deal to sell a controlling stake in the club, according to reports.
The £100m investment could help redevelop Selhurst Park
Palace chairman Steve Parish will own 18 per cent of the club, with American businessmen Josh Harris & David Blitzer set to own a similar cut.
It will give the trio a 54 per cent controlling stake in Palace, with the remaining shares split among investors and the club's current owners, CPFC 2010, which saved the club from liquidation five years ago.
Palace are yet to confirm the deal.