Global investment firm Sportsbank are on the verge of agreeing a deal with Crystal Palace owner John Textor over his 45 stake in the club.
Mail Sport has learned that the group - lead by south London based businessmen Zechariah Janjua and Navshir Jaffer - have been selected as Textor’s preferred bidders in the race for the Selhurst Park boardroom.
Sportsbank have been notified of their status as preferred bidder as they look to seal a deal worth £230million.
Talks are now at an advanced stage, with sources close to the deal hopeful the transaction can be ratified by the start of February 2025.