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dibbler

Well done Palace

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50 million being spent on their stadium.

Still at least the sausage rolls at CR were hot at 1.30 so things are starting to move in the right direction

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Sky Sports News HQ understands that a group of

American businessmen, led by Josh Harris and David Blitzer, have agreed

a £100m deal to buy a controlling stake in Crystal Palace.

The deal, finally signed off in the United States on

Wednesday night, sees 70 per cent of Palace shares changing hands - with

chairman Steve Parish retaining an equal shareholding alongside Harris

and Blitzer.

The Americans will invest a further £50m on expanding and improving Selhurst Park and supplementing the playing squad.

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The international attraction of London working well for Palace there.

Like it or not, we''re perceived as a backwater. Out of the way and out of touch.

But someone, somewhere, will ''get us'', eventually.

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Listen. There isn''t anyone out there that wants to buy football clubs!!

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£100m deal to buy a controlling stake in Crystal Palace ? Not everyone are like Man. City/Chelsea owners. Most American businessmen will want a return on their investment.

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So the £100m goes to Simon Jordan, and the £50m is for both stadium and squad. Since we seem to be looking at £30m for just the City stand, how much will really be left for the squad?

Swindon is right, the US investors seem to consider these things differently. Presumably they have their eye on the TV money and now that Palace look to be able to achieve safety comfortably the timing suggests that this would have been a big driver for them. it does not necessarily mean that they will suddenly have oodles of cash to splash around. But good luck to them, if it means they can help break up the monopoly at the top as Leicester are doing then that''s a good thing.

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Middle Eastern backers like impressive playthings and will throw money to get what they want. As Swindon Canary points out, US backers think rather differently as Man Utd, Liverpool & Villa have already discovered.

The law of attraction says clubs need to show signs of success in order to attract more ''good stuff''. Right now Norwich are positioned in the bargain basement, so it doesn''t take much guessing as to the kind of investment offers we''re likely to attract...

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[quote user="The Bishop"]A sale is dependent on the owners wanting your sell I see no evidence that they wish to part company with our club[/quote]

But it is ''their'' club, not ours.

But no evidence they wish to part company with their club doesn''t mean they won''t when the right offer comes along-if, indeed, there has ever been a semi-serious one.

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