Parish Explains The Imminent Change In Palace’s Ownership Structure

0 Posted by - November 23, 2015 - Daily Thoughts, News

Steve Parish has been speaking to numerous media outlets about the impending deal between CPFC2010 and US billionaires Josh Harris and David Blitzer, and now, his full interview (first published in the Croydon Advertiser last week) is available to read online.

A full and detailed interview with Steve Parish can be read here, detailing the specific changes that are set to take place within our current ownership structure once Josh Harris and David Blitzer become official shareholders in the club.

Although news on the deal has gone a little quiet in the last few days, Parish’s comments above give the impression that it is still very much a case of full steam ahead for the alteration in ownership, following a midweek stay in New York, where he is believed to have ironed out the final few details with the American duo, in between attending NBA games and a no doubt impressive Billy Joel concert.

Perhaps the most interesting nuggets of information offered up by Steve in the attached interview, are the specific details of how the new ownership structure will function, including concrete assurances over who will be the majority shareholders amongst the six men who will soon each own a chunk of the club.

The balancing act that comes with any new influx of financial backing and ideas will undoubtedly present a new set of challenges for Parish and his fellow board members, but it seems to go without saying that, in this instance, the positives drastically outweigh any potential negative that Harris and Blitzer will bring with them from across the Atlantic.

Whilst the thoughts of every Palace fan will be heavily fixed upon tonight’s game against Sunderland for the next few hours, any further details over the level of involvement that our new American investors are likely to have in the football club will always be gladly welcomed, as our fans get used to the idea of changes (albeit minor) at the top of the Selhurst Park totem pole.

Steve Parish himself seems extremely excited about what the future may hold for us, which is as good a reason as any for us as supporters to feel much the same way.


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