Alan Pardew will be allowed to sign four new players on big wages

Crystal Palace will have a new owner in place in time for July transfers

The takeover of Crystal Palace by NBA owner Josh Harris is expected to be completed by the start of the transfer window on July 1.

Current Palace chairman Steve Parish will stay on to help supervise what is likely to be the biggest-spending summer in the club's history.

Negotiations with Philadelphia 76ers owner Harris are progressing well with Parish keeping a 10% stake and his role as chairman for the time being at least with the prospective new owners keen to use his experience in what will be a very important transfer market.

The takeover of Crystal Palace by Josh Harris is expected to be completed by the start of the transfer window

Current Palace chairman Steve Parish will stay on to help supervise what is set to be a big-spending summer

Alan Pardew will be handed four new signings in the summer on big wages for a club of Palace's size

Manager Alan Pardew is expected to keep his job following the £90million takeover and is already busy working on recruitment with Palace authorised to pay four new signings upto £65,000-a-week.

Pardew has said recently Palace are in the same market now as Inter Milan and has been linked with Chelsea striker Loic Remy and Swansea City centre-forward Bafetimbi Gomes.

He may also try to prise his former Newcastle United midfielder Yohan Cabaye from Paris Saint-Germain where the Frenchman has struggled this season.

Loic Remy has been linked with Palace having played under Pardew during his time with Newcastle United

Bafetimbi Gomis was a target for Palace in January from Swansea and is likely to attract interest again