Menu
Franchises

EPL Side Crystal Palace Co-Chair Steve Parish Hopeful Club Can Secure U.S. Deal

The owners of EPL side Crystal Palace are on the verge of bringing in new U.S. investment that will make the club "as strong as it's been for a hundred years," according to Matt Slater of the BBC. The deal would see David Blitzer and Josh Harris, who co-own NHL and NBA franchises, "take minority stakes in Palace." Co-Chair Steve Parish said he was "really hopeful we can get it done." Improvements to the club's Selhurst Park home "will be the priority, with Parish retaining day-to-day control." Blitzer and Harris "are expected to take equal 18% shareholdings with Parish." His partners in that deal -- fellow Palace fans Stephen Browett, Jeremy Hosking and Martin Long -- "will see their current 25% stakes diluted to 15.33%." Parish said, "I think this club can be massive and it's a great opportunity. I want to move fast and to do that you need big funds. I'm prepared to do my bit, the three boys who are involved with me are prepared to do their bit. But we need to bring some new people in to accelerate it and make sure we've got everything we need." Conversations with Blitzer and Harris "have been going on for over a year" (BBC, 11/17).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/11/18/Franchises/Crystal-Palace.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/11/18/Franchises/Crystal-Palace.aspx

CLOSE