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Chinese takeaway

Mega-rich Chinese group approach Crystal Palace as they plot takeover at Selhurst Park

Eagles chairman Steve Parish has no intention of selling his 18 per cent stake in the club

CRYSTAL PALACE could be the latest English club to be taken over by a mega-rich Chinese consortium.

Double-Edged Sports (Desports) have approached Palace’s directors David Blitzer and Josh Harris over a potential deal to become the majority stakeholders.

Eagles boss Sam Allardyce is desperate to keep Mamadou Sakho at Selhurst Park

Rex Features
Crystal Palace could be taken over by a Chinese consortium

According to the Times, Desports want to buy the duo’s 36 per cent share in the club.

Keep up to date with all the latest news, gossip, rumours and done deals in SunSport’s live transfer blog

However it may have to be a huge offer to even tempt Blitzer and Harris to sell their shares having completed their investment in December 2015.

Desports, who are owned by Jiang Lizhang, already own Spanish club Granada.

The La Liga side, who recently appointed Arsenal legend Tony Adams as interim boss until the end of the season, were relegated to the second tier on Saturday.

It is believed that Palace chairman, Steve Parish, has no interest in selling his 18 per cent share in the club.

Crystal Palace chairman Steve Parish has joined the Dragons Den line-up

PA:Press Association
Crystal Palace chairman Steve Parish has no intention in selling his share of the club

Desports have made increasing investments in sport teams globally having bought NBA side Minnesota Timberwolves last year.

West Bromwich Albion were taken over by a Chinese consortium last year along with Aston Villa, Birmingham City and Wolves.

Southampton are the latest club in talks of a takeover.