Crystal Palace co-chairman Steve Parish says any investment deal must have retaining the club’s soul at its heart.

The Eagles are in talks with American businessmen Josh Harris and David Blitzer to become majority stake holders alongside Parish.

While nothing has been put to paper yet, the parties have agreed a deal in principle and Parish is hopeful any loose ends can be tied up by Christmas.

Parish would retain the day-to-day running of the club, but Harris and Blitzer, believed to be worth £4bn, would be involved in big financial decisions.

Parish told Sky Sports News HQ: “There are very serious conversations going on and I will remain the single largest shareholder along with David and Josh.

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"The day-to-day decision making control will remain the same. They will bring some fresh ideas and some fresh input which will be great.”

He added: "But I think the guys recognise that having a UK partner retains the soul of the football club, which is really important and it's important to me that my three other partners [Stephen Browett, Jeremy Hosking, Martin Long] will stay involved as well.

"It will be a much broader investment base and everyone is signing up to a commitment to improve the stadium.

“So it's an exciting time and if it comes off I think we can make some major developments for the club."