Date: 29th June 2020 at 5:45pm
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According to a report, former Liverpool technical director Damien Comolli is heading an American consortium that is interested in buying a Premier League club – with Crystal Palace, West Ham United, Southampton and Newcastle United thought to be the clubs of interest.

The report in the Daily Star states that the consortium led by Comolli – who has previously held roles at Arsenal, Tottenham and Liverpool – is interested in purchasing one of a number of Premier League clubs.

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West Ham are reportedly the club that the investors are most keen on, however, their tenuous league position could be a reason for Comolli’s consortium to consider other options.

Newcastle are also mentioned as a potential target in the report, however, this potential move would hinge on whether or not the club’s ongoing Saudi-backed takeover bid is accepted or rejected by the Premier League – following a number of objections raised against the bid.

TIF Thoughts…

In the circumstance that West Ham do go on to suffer relegation this season, as well as Newcastle’s current takeover bid being approved by the Premier League, it would appear that one of either Crystal Palace or Southampton would be the favourites for investment.

However, although the reports are relatively recent, and there is by no means any official interested lodged in Palace at present, it remains unclear as to whether the current Crystal Palace owner, Steve Parish, would be willing to sell his controlling stake in the club.

In addition to this, Palace have been the most successful team out of the four mentioned as potential targets for the consortium so far this season, meaning that – should they qualify for European football next season, for example – they have the potential to cost slightly more than their Premier League rivals.

Would you like to see Palace bought or are you happy with Parish?

I'd like new investors in the club

I'd like new investors in the club

I'm happy with Parish

I'm happy with Parish

However, it would appear that – with all the varying factors involved at present – we will simply have to wait for the story to develop to discover whether Palace will become the centre of yet another takeover story in the Premier League this season.