Premier League’s US Investors: Good or bad sign for Palace?

Crystal Palace have announced that they are set to bring in US investors, in a deal that will take the club to the next level.

David Blitzer and Josh Harris, who co-own NHL and NBA franchises in America, will be looking to take equal 18% shareholdings in the club, which will help them bring in better players and add an extension to Selhurst Park.

But is going with US investment the best way for a football club to move forward, or will the financial aspect take over, leaving loyal fans frustrated?

Shoot takes a look at five other Premier League clubs under US ownership…

Stan Kroenke (Arsenal)

Kroenke is a firm supporter of Arsene Wenger

The largest shareholder in Arsenal with 66%, Kroenke has been a key aspect of Arsene Wenger remaining in charge in recent years. Under increasing pressure for failure to secure any silverware before the 2014 FA Cup, a lot of other owners would normally try an alternate option and let the current manager go. Speaking in 2013, Kroenke gave his public backing to the Frenchman saying: “He knows how we feel, what our philosophy is, what we want to do and I feel like we are totally aligned. He knows he has our support, there’s no one I feel more strongly about and I think he is doing a great job”. However, fans have recently voiced displeasure at a £3m payment made to Kroenke Sports Enterprises, questioning whether the American is using Arsenal as “an investment vehicle.”

Next…..