Crystal Palace expect to soon announce new investment in the club from Americans Josh Harris and David Blitzer, co-chairman Steve Parish has said.
The duo, who co-own the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, are reportedly close to completing a deal to take 18 percent of the London club -- equal to Parish, who will retain control on a day-to-day basis.
Parish's fellow Palace fans Stephen Browett, Jeremy Hosking and Martin Long, who alongside the former rescued the club from bankruptcy in 2010, will reduce their present 25 percent stakes to 15.