A potential takeover of Crystal Palace is gaining momentum, with two groups vying for John Textor's 46% stake in the club. An international consortium, led by two Crystal Palace supporters and investors from the UAE, North America, Canada, and Europe, are competing against billionaire food delivery entrepreneur Stanley Tang. Tang has expressed interest in investing and is willing to match Textor's asking price of £220m. The Raine Group is handling the deal, with a potential resolution expected within the next few weeks.

Source: https://www.theguardian.com/football/2024/nov/01/two-groups-lead-way-in-race-to-buyjohn-textors-stake-in-crystal-palace