Philadelphia 76ers owner Joshua Harris is on the verge of buying a shareholding in Crystal Palace with his business partner David Blitzer.
The Premier League side are currently 10th in the table, after a fine start to the season under manager Alan Pardew and, are reportedly worth in the region of £100 million.
Harris, a private equity investor worth a reported $4 billion, began to support the Eagles after watching them on TV in America and has flown to Selhurst Park a number of times to watch them in action.
Harris and Blitzer, who also own NHL side New Jersey Devils, targeted Palace because the pair saw similarities with Philadelphia -- South London is booming amid a £5.2 billion regeneration plan and 7,000 new homes being built -- while plans for a redevelopment of Selhurst Park are in the works.