John Textor is ready to sell his stake in Crystal Palace.
Textor's Eagle Football Holdings holds a 45 per cent stake in the club and he has instructed Raine Grouo to find him a buyer.
In a statement, the American said: "So, why would we sell, just when things are getting so good? Well, Eagle Football is known to employ a highly integrated sporting model across its football clubs, with an unprecedented amount of scouting collaboration and player movement within the family of clubs," Textor explained.
As proud as we are to have been a part of the resurgence of Crystal Palace, it remains true that Crystal Palace is an independent club, run by a man with a steady hand, who has achieved a level of sustainability that is incredibly uncommon in today's Premier League. An integrated sporting model, such as ours at Eagle, is simply not a perfect fit for Crystal Palace."
He added he was "extremely confident that a good number of prospective partners will jump at the chance to be a part of this promising future" at Palace.