LONDON (Reuters) - Crystal Palace fans should not expect the club to splash out on player transfers after securing substantial investment from two American sports team owners, the Premier League club's co-chairman Steve Parish has said.
Parish is close to selling a stake in the south London club to Josh Harris and David Blitzer, co-owners of the New Jersey Devils NHL team and the NBA's Philadelphia 76ers, in a deal that will reportedly bring in about 100 million pounds of external investment.
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