Americans buy 36 percent of Palace
Xinhua, December 19, 2015 Adjust font size:
American Josh Harris and David Blitzer have bought a 36 percent stake in Crystal Palace, the English Premier league club announced on Saturday.
The pair, who own NBA team the Philadelphia 76ers and the NHL team New Jersey Devils, will own 18 percent of stake each.
"Crystal Palace Football Club is delighted to announce that it has today signed a deal with investors Josh Harris and David Blitzer," Palace said on Friday.
"The deal will see chairman Steve Parish, Josh Harris and David Blitzer take control of the club in a general partnership structure." Endi