Crystal Palace owners to tell Steve Parish 'we don't want you' as sale update emerges
Steve Parish could be forced to step away from Crystal Palace as the club's US billionaire owners consider cashing in.
That is according to former Manchester City financial adviser Stefan Borson, who exclusively told Football Insider that Parish simply has no control over his own future at Selhurst Park.
The Eagles are keen to make improvements to the stadium, with parts of the stands dating all the way back to the original structure built in the 1920s.
Plans, though, have been put on hold over the last few years, and with renovation ideas becoming increasingly expensive, the owners are debating handing the club over to a new buyer.
Parish, a lifelong Palace fan, only owns 10 per cent, while Woody Johnson owns 43 per cent. Understandably, supporters are asking the difficult questions.
Some have even questioned whether Parish could buy a bigger share at Selhurst Park, but according to Borson, the future doesn't look bright for him.
Steve Parish's future looks dim at Selhurst Park
Speaking exclusively to Football Insider, the finance expert believes that the co-owner and businessman could soon be asked to step away as those higher up consider the club's next steps.
"I think if they sold the whole club, yes. But I don't know what the plan is, whether it's to sell a proportion, whether or to try and sell the whole lot," he said.
"Anything could happen. It's not possible to predict how it's going to pan out for Steve Parish. Clearly, if somebody ends up buying the other 90 per cent of the club, then they decide what happens.
"So Steve Parish can say, 'Well, I've got 10 per cent,' but somebody else can say, 'That's all well and good, but we don't want you. We don't want you running the club'.
"We saw it with 25 per cent and Daniel Levy, Ultimately, if you've got most of the club, you decide what happens."
Why would Palace's owners look to sell now?
Borson has already told Football Insider that the owners will be convinced that now is the time to cash in, so he's hardly surprised by the emerging news.
The Eagles made history with Oliver Glasner in charge, lifting both the Europa Conference League and FA Cup trophies in consecutive seasons.
While their Premier League standings weren't much to shout about, Palace put themselves on the map by winning silverware, which could help with a full sale.
The success is bound to have added to the fee as well, and all of this is likely playing into the owners' decision to consider selling up this summer.