Crystal Palace 'targeted for £220M takeover by American consortium'
are said to be the subject of a £220million takeover bid by American investor John Textor.
Textor — who is a pioneer in hologram technology - is reportedly leading a consortium of wealthy individuals and companies that will look to buy the club.
According to , negations between Crystal Palace and the interested party are in the advanced stages.
American investor John Textor — who is a pioneer in hologram technology — is reportedly leading a consortium of wealthy individuals and companies that will look to buy Crystal Palace
Crystal Palace's future has been hanging in the balance for quite some time as Steve Parish, along with American duo Josh Harris and David Blitzer, have been actively seeking out investments.
Parish holds an 18 per cent stake in the club and should the consortium decide to buy him out along with more minor shareholders, the total figure of purchase could reach the £200m mark.
The Eagles have had several bidders in the past — including former Manchester City owner Thaksin Shinawatra — but have failed to secure a concrete deal.
Steve Parish (right), Josh Harris and David Blitzer, have been seeking out investments
Taking over the club is reportedly going to cost the interested consortium around £215million
Therefore, they could be eager to push the deal with Textor and his consortium over the line. However, Crystal Palace supporters are sceptical over his suitability for the job.
Doubts over the investor's financial means have begun to creep in and questions have been raised over Textor's compatibility with the club.
Textor made his fortune in the hologram industry — having generated three-dimensional images of deceased rapper Tupac Shakur for the Coachella Music Festival in 2012 and Michael Jackson for the 2014 Billboard Music Awards.
However, he was previously the chief executive of the visual effects company Digital Domain — who fell into administration in 2012.
Textor and DD looked to change the company's business model but ended up filing for bankruptcy with debts of around £160m.
This came shortly after the company had won Oscars for their work on high profile films including the Titanic.
Textor has not yet confirmed a deal with Crystal Palace and needs the support of his consortium to make it over the line.
However, Eagled eyed fans saw that Textor had shared a clip of Eberechi Eze scoring and referred to Crystal Palace as 'we'.
The investor's caption read: 'After 18 shots, we Finally breakthrough with the clincher… 2-0'
Some fans were quick to respond saying: 'Who are you and what do you want with my football club?' while another added: 'Are you taking us over John?'.
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