Crystal Palace co-chairman Steve Parish has confirmed that the club are in talks with American investors.

The Premier League outfit are discussing the prospect of businessmen Josh Harris and David Blitzer coming on board to become majority shareholders alongside Parish.

The co-chairman, who will continue to make all of the football-related decisions, is hopeful that a deal will be struck before Christmas.

"There are very serious conversations going on and I will remain the single largest shareholder along with David and Josh," Parish told Sky Sports News.

"The day-to-day decision making control will remain the same. They will bring some fresh ideas and some fresh input which will be great.

"But I think the guys recognise that having a UK partner retains the soul of the football club which is really important and it's important to me that my three other partners will stay involved as well."

The American duo will have a big hand in decisions regarding the budget should they join the club.