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“This isn’t great news for Palace”: Journalist gives update on developing situation at Liverpool

Photo by Andrew Powell/Liverpool FC via Getty Images
Photo by Andrew Powell/Liverpool FC via Getty Images
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Crystal Palace are at risk of being caused some disruption after Fenway Sports Group (FSG) decided to put Liverpool up for sale.

Josh Harris and David Blitzer – who own 18% of the south Londoners – are interested in forming a consortium alongside Sir Martin Broughton to buy the Reds from FSG, according to the Liverpool Echo.

Now, Ben Jacobs of CBS Sports has given an update.

Liverpool could disturb Crystal Palace

Well, the respected journalist has reinforced the Liverpool Echo‘s claim, stating that Harris and Blitzer are genuine suitors to take over at Anfield having tried, and failed, to purchase Chelsea from Roman Abramovich.

On Twitter, Jacobs wrote: “Harris Blitzer Sports & Entertainment (HBSE) are a genuine suitor and, since trying for Chelsea, have remained on the market for a global club/brand. This isn’t great news for Palace (Harris/Blitzer own shares). But Palace didn’t present any roadblocks during Chelsea sale tender.”

Due to a conflict of interests, Harris and Blitzer would have to give up their involvement at Selhurst Park to take over at Anfield, which makes it difficult for Steve Parish and John Textor to form plans for the Eagles.

Jacobs adds that offers worth over $3bn (£2.5bn) will be taken seriously by FSG, and the American duo seem capable of satisfying that.

The Liverpool Echo believe Harris is worth over £5bn alone, while Marca claim that Blitzer boasts riches of more than £1bn.

As aforesaid, the help of Sir Broughton would also aid their bid to buy the Reds from FSG.

Crystal Palace seem calm about Liverpool situation

As Jacobs states, Crystal Palace didn’t attempt to stop Harris and Blitzer from buying Chelsea, and there doesn’t seem to be much panic about the current situation in SE25.

Parish and Textor have enough money to keep Crystal Palace competitive in the meantime, while the Eagles also have plenty of TV revenue stored up after almost a decade in the Premier League.

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Photo by Andy Marlin/Getty Images

They will, presumably, be on the lookout for more investment just in case Harris and Blitzer are successful in buying Liverpool, although it shouldn’t be too hard to find.

Crystal Palace are an attractive, London-based club with strong foundations, including a state-of-the-art £20m academy right in the middle of south London, an area where gems such as Jadon Sancho and Tammy Abraham emerged.

Be sure to keep an eye on this developing situation, as more updates are expected.