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Crystal Palace confirms US investment

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Crystal Palace (AFP)
Crystal Palace (AFP)

London - American investors Josh Harris and David Blitzer have bought a 36 percent stake in Crystal Palace, the London-based English Premier league club have announced.

The pair, who already own NBA team the Philadelphia 76ers and the NHL's New Jersey Devils, will join chairperson Steve Parish in running the club, with each man owning an 18 percent stake.

"Crystal Palace Football Club is delighted to announce that it has today signed a deal with investors Josh Harris and David Blitzer," Palace said in an announcement late on Friday.

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