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Crystal Palace 'targeted for £220M takeover by American consortium'

Crystal Palace 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 The Sun, 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

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.