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Ex-Arsenal star Tony Adams leading £200m bid to buy Crystal Palace

Former Arsenal star Tony Adams is reportedly leading a consortium to launch a £200m bid to buy Crystal Palace.

Former Arsenal star Tony Adams is reportedly leading a consortium that hopes to buy Crystal Palace for £200m.

The 50-year-old, who took charge of Spanish club Granada for a brief spell last season, has been looking for investors with former Chelsea executive Paul Smith.

According to the Daily Star, Adams has managed to get European investors on board for the proposed takeover of Premier League club Palace.

The Eagles' hierarchy changed in December 2015 when American businessmen David Blitzer and Josh Harris bought 18% stakes each, which resulted in chairman Steve Parish reducing his share to 18%.

Adams and Smith had previously held talks with Sunderland and Aston Villa regarding potential takeovers.

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Crystal Palace manager Alan Pardew looks on during his side's 1-1 draw with Everton at Goodison Park on September 30, 2016
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Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Manchester CityMan City4400113812
2Arsenal431061510
3Newcastle UnitedNewcastle431063310
4Liverpool43017169
5Aston Villa43017619
6Brighton & Hove AlbionBrighton42206248
7Nottingham ForestNott'm Forest42204228
8Chelsea42118537
9Brentford42026606
10Manchester UnitedMan Utd42025506
11Bournemouth41215505
12Fulham41214405
13Tottenham HotspurSpurs41126424
14West Ham UnitedWest Ham411256-14
15Leicester CityLeicester402257-22
16Crystal Palace402247-32
17Ipswich TownIpswich402227-52
18Wolverhampton WanderersWolves4013411-71
19Southampton400418-70
20Everton4004413-90


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