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Palace deal completed


The deal for a consortium of American sports investors to take a stake in Crystal Palace has finally been completed - and it's bigger than expected.

70 per cent of Palace shares have changed hands in a deal which will give the investors a controlling stake.   The cost was £100m and they will put in £50m to upgrade Selhurst Park and invest in the playing squad.

Steve Parish will, however, continue to be involved in all major decisions.