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Crystal Palace Takeover: Chinese company plan major investment, Parish won't sell share
CRYSTAL PALACE could face a takeover from Chinese company Double-Edged Sports (Desports) to become the latest Premier League club to fall under Chinese ownership.
Crystal Palace could receive investment from a Chinese company
Crystal Palace directors David Blitzer and Josh Harris have been approached regarding the possible sale of their 26 per cent share in the club.
The Times claim Desports, a Chinese marketing company, are keen on buying into the Eagles.
Desports already own La Liga side Granada, which they bought last year.
According to the report, Desports representatives on behalf of Jiang Lizhang have approached the two directors.
Desports also owns a stake in NBA side Minnesota Timberwolves.
Blitzer and Harris invested in Palace back in December 2015, while chairman Steve Parish, who owns 18 per cent of the club, has no intention of selling his shares.
Crystal Palace chairman Steve Parish won't sell his share
Crystal Palace manager Sam Allardyce has steered the club to safety
Martin Keown praises Crystal Palace after win against Chelsea
Palace sacked manager Alan Pardew earlier this season and brought in Sam Allardyce in an attempt to steer clear of the relegation places.
And the former England boss has lifted the Selhurst Park club into 12th in the Premier League with five games remaining.
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