Crystal Palace have reportedly held talks with an unknown Chinese company about the possibility of a £220m takeover this summer.
The club are said to have 'rolled out the red carpet' for the prospective investor on a visit to Selhurst Park and the Beckenham training ground last month.
According to The Sun, Palace majority owners, American businessmen Josh Harris and David Blitzer, have appointed a US investment bank as advisors to help them achieve a sale.
The newspaper claims that the interested party's initial offer was below the £200m mark, although Harris and Blitzer remain confident of achieving their full £220m valuation.
It remains unclear whether long-term chairman Steve Parish, who owns 18% of the club, is involved in the deal.
Palace have stabilised in the Premier League following the appointment of Roy Hodgson as manager and last season finished 12th in the table.
Neil Wilkes
